15 Unbelievable Things You Never Knew About Stock Market

Sometimes it can be boring to talk about investing and shares. We have compiled a list with the most fascinating facts about the stock exchange and its history.

One. Apple’s stock plummeted during Gil Amelio’s tenure as Apple CEO. It hit a 12-year low of $13 million in 1997, which was at least partially due to a single sale by 1.5 million shares Apple stock stock by an unknown party. This was later confirmed by Steve Jobs. A boardroom coup by Jobs enabled Amelio to be fired and Jobs was made CEO.

Two. An inexperienced trader from a Japanese bank attempted to sell 1 share J-Com stock stock for Y=640,000. Inadvertently, he sold 640,000 shares at Y=1 each. This is equivalent to selling $3 billion worth shares at a price of $5,000.

Three. Somalia has a pirate stock exchange where locals can invest to support hijacking missions.

Four. Caballeros, or Spanish knights from California, gave the stock market its names “bear” and “bull”. California’s grizzlies were put to the test by caballeros who fought against bulls. The caballeros observed that bulls hooked up upward and bears swiped down, thus proving the analogy. This caused the California grizzly to die.

Five. Along with Steve Wozniak, Ronald Wayne was the third cofounder at Apple. He sold his 10% stake in the company for $800 in 1976. His 10% share of the company would be worth $35 billion today.

Six. In 1602, the Dutch East India Company became the first multinational corporation to be established. It was the first to issue stock certificates and is considered the granddaddy among all corporations. The company was run by its directors, so shareholders had little influence. But shareholders received rich rewards. Over the first half century, the average annual dividend was 16%.

Seven. The New York Stock Exchange has been deemed the most traditional because traders can’t enter the floor of this exchange if they don’t wear a suit and tie.

Eight. The market performs its worst in September on average. The Dow has fallen 1.1% since 1950 and the S&P 500 0.7% annually during September. Since 1971 when the Nasdaq was founded, its composite index has experienced an average fall of 1% in September.

Nine. Although London might seem like the largest stock exchange, Shanghai is actually number 2. Shanghai is number two, with $1,278 billion in shares traded monthly by the NYSE, and $1,520 billion each month by Shanghai. Only $165 billion is traded per month on the London Stock Exchange Group.

Ten. Armen Alchian, an economist, was able in 1954 to determine the secret fuel for the newly-developed hydrogen bomb by simply looking at the shares prices of chemical suppliers on NASDAQ.

Eleven. We all know the.com bust and the 1929 Wall Street crash. But financial bubbles are not new. The South Sea Company, which was involved in a massive bubble that caused the collapse of share prices by 1720, was there all the way back to 1711. Tulip mania was also a phenomenon – in 1637, some bulbs of tulip bulbs sold at 10x the annual income for a skilled labourer.

Twelve. The New York Stock Exchange’s most expensive share is

Berkshire Hathaway closed in

$71,000 at 2000’s End

75,600 at 2001’s end

$72,750 at 2002’s End

End of 2003: $84,250

End of 2004: $87,900

$88,620 at 2005’s end. Berkshire Hathaway is Warren Buffett’s company and currently sells for more than $170,000 per share.

Thirteen. According to Credit Suisse’s 2010 research, Australia had the most performing share market anywhere in the world between 1900 and 2009.

Australia’s after inflation returns for the year ended in 2007 were 7.5%, which was the highest return (with the lowest volatility) among the 19 major markets that the researchers examined.

Fourteen. Between 1980 and 2010, 10,000 would be the value of…

* $234,319 in Australian Shares, an 11.1% Annual Return

* $145,040 cash; a return of 9.3% annually

* $36,383 in Consumer Price Index (CPI), an annual return of 4.4%

We hope you enjoyed these facts about the stock exchange. However, it is important to remember that professionals can offer advice and help with investing.

Contact us if you have any questions regarding the share market, investing, or any other financial matters.

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