Chapter 124:
Stocks (2)
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“I can calculate the movement of celestial bodies, but not the madness of people.”
This was what the genius Isaac Newton said just before he lost most of his fortune in the stock market.
The man who laid the foundation of physics uttered these words, highlighting the fearsome nature of stocks.
Of course, physics and economics are distinctly different fields, so it’s partly understandable. Still, Newton’s statement made stocks even more notorious.
Many people tend to think of stocks as gambling. This is somewhat true because no one knows how things will turn out in the world.
A other things.
In extreme cases, such as with Korea and Japan, the entire economic foundation of a country could collapse, leading to major fluctuations.