IN DEBT WE TRUST

The first financial model was drawn on a napkin and powered by vibes. It’s still a surprisingly common methodology.

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The first “gold standard” was set by a guy who just really liked shiny things. Economic policy by aesthetics.The first hedge fund was a guy hiding money under a hedge. Risk management used to be landscaping.The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky.A bull stock market means prices are rising, while a bear market means they are falling. Basically, your emotions follow the same chart.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.The first economic forecast was made by reading tea leaves. It predicted “uncertainty,” which remains undefeated.See all In Debt We Trust facts →

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The first financial model was drawn on a napkin and powered by vibes. It’s still a surprisingly common methodology. | SmartAss Facts