Monument Consecrated to Posterity
represents stockbrokers as harlequins or sly foxes and investors as frantic and crazed gamblers. I recently discovered the “Tafereel”, and asked Lala Ragimov to recreate a particularly poignant scene titled: “Monument Consecrated to Posterity in Memory of the Unbelievable Folly of the 20th Year of the 18th Century.” The scene depicts a street in Amsterdam that had erupted into a trading frenzy. At the Quinquenpoix coffee shop, overflow trading became the norm because the exchange had become too crowded with traders manically trading to gain quick wealth. At the scene’s center, a cart is being pulled by characterizations of the bubble stocks of the time, including companies like the South Sea Company, the Dutch East Indies
Published on Jun 1, 2015
This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with i...