Interpreting the Legendary Journey of Financial Markets

Full title of the book：《The Great Game: The Emergence of Wall Street as a World Power》

John Steele Gordon:

 American writer and economic historian, born in New York in 1944. His grandfather and maternal grandfather both held seats on the New York Stock Exchange. Graduated from Vanderbilt University in 1966 with a Bachelor's degree in History. 

In the past two decades, he worked as a full-time writer and wrote "Scarlet Women on Wall Street - The History of Wall Street in the 1860s.",. 

Hamilton's Blessing: 

The Rise and Fall of American treasury bond. In 1999, he published "The Great Game - The Rise of the Wall Street Financial Empire", which received widespread attention from all walks of life. The National Broadcasting Corporation (CNBC) also produced a two-hour special report on this book.

Qi Bin

translator of "The Great Game," was born in Beijing in 1968. He graduated from the Department of Physics at Tsinghua University in 1991 and stayed on as a teacher. In 1992, he went to the United States to study abroad. In 1995, he obtained a master's degree in biophysics from the University of Rochester and passed the doctoral qualification exam.

In the same year, he transferred to the University of Chicago School of Business and obtained an MBA degree in 1997. 

I have been working on Wall Street since 1997 and have been engaged in primary and secondary markets, asset management, and venture capital in London, New York, and other places. 

the development of the American capital market

The Great Game is a work that tells the history of the development of the American capital market, represented by Wall Street. This book showcases the entire process of the development of the US capital market, with Wall Street as the main theme. 

It vividly tells the legendary history of Wall Street's development from an ordinary small street to a world financial center, and demonstrates the enormous role of the US capital market represented by Wall Street in the development and takeoff of the US economy.

The abundant historical facts and economic data in the book allow us to have a more comprehensive and accurate understanding of the development process of the US capital market.

From a global perspective

the emergence and development of capital markets are closely linked to socialized mass production. From Marx's discourse on the virtual economy to various economic theories that have emerged later, the role of the capital market in modern economy has been elaborated from different perspectives. 

In modern economic life, the capital market not only provides a place for enterprises to raise capital, but also a tool for realizing social resource allocation; And it also plays an important role in improving the corporate governance structure.

How to cultivate correct investment concepts and risk awareness?

Learn financial knowledge:

Understand the basic concepts and risk characteristics of investment.

Clear investment goals: 

Determine long-term and short-term goals based on one's own situation.

Stay calm and rational: 

not influenced by market sentiment, avoid blindly following the trend.

Diversified investment: 

Diversify funds and reduce the risk of a single investment.

Conduct risk assessment: 

Consider individual risk tolerance.

Pay attention to market trends: 

grasp relevant information and adjust investment strategies in a timely manner.

Learning lessons: 

Analyze successful or failed cases of others.

Cultivate a long-term perspective:

Focus only on short-term fluctuations.

Control emotions:

Avoid being influenced by emotions during the investment process.

Regular review and reflection:

Summarize experience and continuously improve investment methods.

Conclusion

NEWS

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