Part 1/9:
The Evolution of the Stock Market: Lessons from History
The stock market has long been portrayed as the ultimate machine for growth, capable of generating immense wealth and, conversely, sending dreams crashing down. The common belief holds that the market always recovers, but understanding what this promise truly means requires a deeper investigation into its historical foundations. From its inception in the risky spice trade to the contemporary complexities of global finance, this article delves into the pillars supporting the stock market, the role of speculation, and the implications for individual investors today.