The Starting Fourth Dimension Known Majority Virtually The Stock Marketplace Rate Volition Survive Auctioned At Sotheby's December 17

It's beingness offered every bit Lot 200 of the Fine Books & Manuscripts Online auction.

Online bidding closes Dec 17.

We've mentioned/posted on the mass a few times, to a greater extent than later on the jump.

From CNBC, Dec 4:

This is the offset known mass nearly the stock marketplace position — as well as it's worth $300,000

Sotheby's Fine Books as well as Manuscripts Online is auctioning Joseph de la Vega's "Confusion de Confusiones," the offset known mass written nearly a stock exchange, as well as it's estimated to larn for betwixt $200,000 to $300,000.

The mass was written inward 1688, according to Sotheby's. The principal text, Sotheby's says, is penned every bit a dialogue betwixt characters including a philosopher, merchant as well as shareholder, as well as it describes the Amsterdam stock exchange, which was the offset stock central inward the world.

The mass likewise discusses 4 principal principles of the market, many of which audio familiar: "never laissez passer on anyone the advice to purchase or sell shares" (even if it's well-intended advice, the mass notes, it could plough out badly); "take every make without showing remorse nearly missed profits" (as Kevin O'Leary says, "Never outcry when the marketplace position goes down, because it's non crying for you"); "profits on the central are the treasures of goblins" (also akin to O'Leary's advice, "You'll come across the markets larn upwards as well as down.... Get over it. It's normal"); as well as "whoever wishes to win inward this game must receive got patience as well as money" (the stock marketplace position is a long game, as well as y'all ask coin to play).

Author Vega, who was born inward Kingdom of Spain or as well as thus 1650 simply lived inward Amsterdam until his expiry inward 1692, writes inward the preface that he published the mass for his ain enjoyment, to champion the central every bit a fundamentally honest as well as useful firm as well as to warn of the deceitful practices that withal flourished there, according to Sotheby's....MORE

The auction is getting international coverage:
Comprendre le marché boursier des Pays-Bas, en 1688 : le livre à 300 000 $
Den første boken om aksjemarkedet selges for 300.000 dollar

It seems that one-half the fourth dimension nosotros mentioned "Confusion de Confusiones," it was triggered past times something written at FT Alphaville.
Here's an example from 2016's "Frontrun the Bank of England for Fun as well as Profit":

 Re: Mr. Keohane's headline [Behavioral Finance at The World's First Stock Exchange".