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🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 3 days ago

Anon gets investing advice from Isaac Newton

sh.itjust.works

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Anon gets investing advice from Isaac Newton

sh.itjust.works

🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 3 days ago
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  • supercargo
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    18 hours ago

  • Bosht@lemmy.world
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    2 days ago

    This is exactly why I won’t do it. I learned a long time ago I have the worst luck possible with anything gambling related. Money is too important to me to just piss it away.

  • untakenusername@sh.itjust.works
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    2 days ago

    the markets are something in between, like there’s math to somewhat estimate the madness of men

    to those who disagree:

    Black–Scholes equation

    chaos theory guy figuring out that some distribution better models the prices of some prices better

    Fundamental theorem of asset pricing

    Fundamental theorem of asset pricing

  • sp3ctr4l@lemmy.dbzer0.com
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    3 days ago

    ‘Markets can stay irrational longer than you can remain solvent.’

    • Some other hoity toity British Lord
    Context

    That quote is from Sir John Maynard Keynes, a seminal figure in 20th century economics.

    Sir Isaac Newton, after independently inventing calculus, revolutionizing physics and astronomy… was actually the Master and Warden of the Royal Mint, and was thus essentially in charge of English monetary policy during the early 1700’s.

    Yes, Newton was in charge of the English Mint, the actual Master of Coin… when he made these investments pictured in the image.

    https://en.wikipedia.org/wiki/Later_life_of_Isaac_Newton

  • lessthanluigi@lemmy.sdf.org
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    3 days ago

    What comes up must go down!

  • dwindling7373@feddit.it
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    3 days ago

    Newton had friends?

    • mindbleach@sh.itjust.works
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      3 days ago

      Gotta brag to someone.

  • redhorsejacket@lemmy.world
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    3 days ago

    Nice to see Newton and I have one thing in common, and, let me tell ya, I don’t know shit about astronomy.

  • ryedaft@sh.itjust.works
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    3 days ago

    Did his friends actually exit or did they just believe they were rich?

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