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Newton | greedy enough physical genius to fold the stock market

author:Chen Muxi
Newton | greedy enough physical genius to fold the stock market

Newton

Newton devoted his life to scientific research for about 30 years, during which time he proposed the law of universal gravitation, Newton's law, invented calculus. Later, I probably felt bored and began to enter politics. Newton, 54, with the help of a friend, became a superintendent of the Royal Mint, earning five or six hundred pounds a year. In the spring of 1720, Newton bought some stocks at the lowest point of the South China Sea Company's stock market, and when the stocks soared, the sell-off arbitrage turned 70,000 pounds, but the stock market was in a big shock, a major adjustment, Newton did not die to buy stocks at a high price, the result was a sharp fall in the stock market, Newton lost 200,000 pounds equivalent to hundreds of thousands of yuan, he was stimulated to hear anything about stocks. Later, he sighed in this matter, I can calculate the trajectory of the celestial body, but I can't calculate the madness in people's hearts. In fact, it is not just human nature, what he can't calculate is his own greed.

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