IN DEBT WE TRUST

“Diversification” was invented after someone put all their gold in one basket and the basket had opinions.

✗ FAKE
Diversification is a real principle, expressed in the old saying about not putting all your eggs in one basket and formalized in Harry Markowitz's modern portfolio theory in 1952. No gold basket story is documented.

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Gold is often considered a 'safe haven' asset during economic uncertainty. Nothing says “panic” like shiny metal.The 'Rule of 72' estimates how long it takes an investment to double. Unless you’re in crypto—then it’s either 72 minutes or never.ATMs were first introduced in 1967 in London. Finally, a machine that judges your balance silently.The first time someone “beat the market,” the market wrote it down and got revenge later.The first payday was celebrated with a dance called “Rent.” It ended immediately.The first financial advisor was just an aunt saying “don’t buy that.” And she was right.See all In Debt We Trust facts →

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