IN DEBT WE TRUST

“Market cap” was originally a hat worn by traders to feel important. Capitalism loves accessories.

✗ FAKE

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Insider trading is illegal and involves trading based on non-public information. Basically, the financial version of peeking at exam answers.A “budget” was invented as a bedtime story to help adults fall asleep. It has never worked.The first loan agreement was sealed with a handshake and a suspicious stare. Legal departments cried from the future.The first dividend reinvestment plan was invented by someone who hated fun. “Let your money work,” they said, joylessly.The Great Depression began with the stock market crash of 1929. And yet people still think “buy the dip” is financial advice.The first “due diligence” checklist included “is the founder lying?” Finance stays poetic.See all In Debt We Trust facts →

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“Market cap” was originally a hat worn by traders to feel important. Capitalism loves accessories. | SmartAss Facts