In this episode of Saturday Morning Muse, Andy explores the evolution of equity ownership and stock trading from the Dutch East India Company to the establishment of the London Stock Exchange. He discusses the challenges of informal trading, the catastrophic South Sea Bubble, and the eventual need for organized stock markets, highlighting the principles that govern modern financial markets today.
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10:19
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10:19
The Dutch East India Trading Company
In this episode of Saturday Morning Muse, Andy explores the evolution of financial markets, focusing on the innovations of the Dutch Republic in the early 1600s. He discusses the limitations of previous equity ownership models and how the establishment of the Dutch East India Company (VOC) revolutionized investment through the introduction of transferable shares and a secondary market.
You can find The Saturday Morning Muse on your favorite podcast streaming platform as well as out on YouTube. https://youtu.be/SIVkx7_Td78
Here’s the link to the show on Apple Podcasts: https://podcasts.apple.com/us/podcast/saturday-morning-muse/id1741154728
Here’s the link to the article on my website: https://www.andrewtemte.com/saturday-morning-muse/the-dutch-east-india-company
#financialliteracy #personalfinance #StockMarket #EquitySecurities #EconomicHistory #FinancialHistory #VOC #Liquidity
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11:45
The First Equity Shareholders
In this episode of Saturday Morning Muse, Andy explores the historical evolution of stock ownership, beginning with the Roman Publicani and the Venetian Commenda.
He discusses how these early systems of equity ownership laid the groundwork for modern financial practices through capital pooling and risk spreading for investment in major infrastructure projects and trading expeditions.
#financialliteracy #personalfinance #StockMarket #EquitySecurities #EconomicHistory #FinancialHistory #CapitalPooling
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11:55
Insurance for Everyone - The Democratization of Risk Protection
In this episode of Saturday Morning Muse, Andy explores the evolution of insurance and its democratization in the late 19th century. He discusses how industrial life insurance, expanded property coverage, and the rise of automobile insurance transformed the industry into a mass market service accessible to ordinary families.
Andy highlights the significant innovations that made insurance affordable and essential, as well as the role of insurance companies as major institutional investors in the early 20th century.
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11:55
The Birth of Modern Insurance: Lloyd's Coffee House
In this episode of Saturday Morning Muse, Andy explores the origins of modern insurance, focusing on Edward Lloyd's Coffee House in the 1680s.
He discusses how Lloyd's transformed the insurance landscape by introducing innovative practices such as syndicated underwriting, the publication of shipping news, and the establishment of a systematic reinsurance market.
Welcome to the Saturday Morning Muse and Andy’s Financial Literacy Lessons! Start to your weekend by investing 7-10 minutes of your time to explore topics that are designed to support your journey of personal and professional continuous improvement with a focus on improving financial literacy and financial decision-making.
Dr. Andrew Temte, CFA, is the former CEO of Kaplan Professional and is the author of Balancing Act: Teach, Coach, Mentor, Inspire, and The Balanced Business: Building Organizational Trust and Accountability through Smooth Workflows. He also hosts The Balancing Act Podcast, and The Saturday Morning Muse.
Dr. Temte earned his doctorate in finance from the University of Iowa with a concentration in international finance and investment theory. He holds the CFA designation and has over 15 years of university teaching experience.
An accomplished musician and leader of the rock band, The Remainders, he’s proud to announce the release of the band’s first original album, Feel Something New, which is available on all major music streaming platforms.
To learn more, visit www.andrewtemte.com.
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