#FinanceHistory #earlymodern #bankinghistory

Cornelius Vanderbilt built a fortune worth $250 BILLION today.
By 1973, not one descendant was a millionaire.
Mansions can’t save you from money mismanagement.
#MoneyLessons #WealthTransfer #FinanceHistory

When I posted about September #FinanceHistory a couple of weeks ago, I somehow forgot about the 1992 Sterling crisis.

(Perhaps because I remember it less as "Black Wednesday" and more as "George Soros's massive short bet against the pound"...)

Welcome to September! At least for the last 30'ish years, this has not been a good month for #FinanceHistory :

- LTCM (1998)
- Amaranth (2006)
- Lehman + AIG (2008)
- Wells Fargo cross-selling (2016)
- Truss mini-budget (2022)

Hoping 2025 is calm ...

📈 From shouting orders to silent trades — Singapore’s financial markets have transformed dramatically in 60 years.

A thread on how a small island went from hand signals in noisy pits to lightning-fast digital trades ⚡

#SG60 #FinanceHistory