The British Railway Mania
How a disruptive technology created the biggest speculative bubble in the history of England
/THREAD/


*For more on the South Sea Bubble see below
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https://t.co/ggB2vFv9Ha
Isaac Newton: A brilliant scientist, a terrible investor
— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 10, 2021
How Issac Newton lost $4 million due to the first stock market bubble in history and insider trading
/THREAD/ pic.twitter.com/uCU0zDVyw9



Most notable among them was George Hudson who operated 1/3 of the railway lines.

In 1845, investors started realizing the financial viability of many projects was not guaranteed and the investments were not as lucrative as they had initially thought.


The shares of the railway companies dropped below half of their peak price, with dividend rates slashed to 2%.


Hudson, also a member of the British parliament, had engaged in bribery, embezzlement, and insider trading.


/END/

https://t.co/oBjT1zycin
The British Railway Mania
— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 14, 2021
How a disruptive technology created the biggest speculative bubble in the history of England
/THREAD/ pic.twitter.com/QmdO72gQMy
https://t.co/6o3A2IQCMs
List of Educational Threads on Financial Independence and Investing for Beginners#FinancialIndependence #financialeducation #financialfreedom #investing
— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 3, 2021
1/ Financial Freedomhttps://t.co/8j5KG5ioFK
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/THREAD/
1. Review your expenses and make a budget
It will help you see where you overspend, make a plan to save, pay down debt and start
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— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 6, 2021
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The Miracle of Compound Interest and the Rule of 72
— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 2, 2021
//THREAD// pic.twitter.com/AOqd3kL6cn
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It's easy, safe, cheap, and the best choice for a beginner in investing, with not much time for
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— Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8 (@itsKostasWithK) January 8, 2021
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