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The Long History of Investing Holds Lessons for 21st-Century Investors, and Is Especially Important Given Present Volatility, Say Norton Reamer and Jesse Downing, Authors of a New Book, Investment: A History
BOSTON, MA--(Marketwired - Mar 22, 2016) - What are the most important moments in the history of investing? Deals made in Ancient Greece and Rome hold important lessons for 21st-century investors, especially in today's volatile markets, say Norton Reamer and Jesse Downing.
Reamer and Downing are the authors of the just-published Investment: A History(Columbia Business School Publishing, February 2016). To view a timeline of the history of investing, visit www.investmentahistory.com/#home-timeline.
There are a few historical moments and events that are especially important for investors today, they say. For example:
"Decade after decade, we see markets collapse and fortunes vanish for the same basic reasons -- and most of the time failure is not caused by a complex technical error, but by a new flavor of poor judgment and emotional reaction," says Reamer. "If investors today want to succeed, they must understand the triumphs and cataclysms of yesterday."
"In order to take advantage of the democratization of investment, people need to be financially literate -- and that requires an understanding of investment history," adds Downing.
To explore a timeline of the most important moments in investing history, please visit www.investmentahistory.com/#home-timeline.
If you'd like to schedule a conversation with Reamer and Downing, please contact Eric Mosher at Sommerfield Communications, Inc., at firstname.lastname@example.org or (212) 255-8386.
Sommerfield Communications, Inc.