The Ascent of Money: A Financial History of the World is actually a history book. The writer Naill Ferguson is a British historian who specializes in financial and economic history. Issues such as hyperinflation, bond markets and the first shares are discussed elaborately. The book gives a good picture about the role of money over time.
In six chapters, he establishes a link between money and world history. With authority and his British humor, he describes what money means. How it started in the form of gold and coins, until the form it has nowadays: a piece of paper in which we have confidence. The book was published in the credit crisis in 2008, but also bank accounts, stock trading and coming of derivatives are discussed.
Investment professionals benefit greatly from the adage “who does not know his history, will have no future” to delve into the past. But the saying that history repeats itself indicates that the book The Ascent of Money: A Financial History of the World definitely is worth reading, in order to develop a vision for the financial world.
Do you not want to read? In visual form, this book also on YouTube. In 4 hours Naill Furguson leads you through the core of the book.
OpinioPro vs The Ascent of Money: A Financial History of the World
If history is important, then the recent past is also interesting. Often the first question is how the markets reacted to certain news items. What OpinioPro can offer is how asset managers looked at the various asset classes last year. The start of OpinioPro in 2015 therefore makes it feasible to go back in time. The database makes it possible to, for example, compare investment research from now to that of last year
The way the opinion towards China is changing in a year is only one topic to compare, in addition, there is a lot more investment research to be found. Likewise the changes in opinion on the topics interest rates, inflation, asset allocation or Quantitative Easing can also be found.
OpinioPro has currently over 2,500 investment research reports on these subjects at its platform. The best ‘research engine’ is now available without registration at www.opiniopro.com