25 Little Known Insights Into The World Of Stocks And The Stock Market

Although it is the target of numerous conspiracy theories, along with a lot of hate, the stock market performs very vital functions in our society. For one, it provides firms with financing, which in turn creates jobs and employment. So, it’s not all that bad! Of course, just as the best things on Earth have their dark sides, so does the stock market. There are few places outside of government that human greed can be allowed to flourish so incessantly. In spite of the good it does for society, it has also caused a lot of pain. Recent global downturns and economic crises have all traced their roots back to bankers and financial institutions.

So what does Wall Street do exactly? Well, to figure that out you’ll probably have to consult a textbook but today we’re going to look behind the scenes at some things that all of us average Joe’s would understand. So, although we’re not going to explain the inner workings of the stock market, or give you any tips on how to get rich quick, we are going to provide you with some amusement to liven up your day. These are 25 Little Known Insights Into the World of Stocks and the Stock Market!

Featured Image: wikipedia

25

In 2011, rapper 50 Cent made nearly $10 million by telling his twitter followers to invest in a penny stock that was failing

In 2011, rapper 50 Cent made nearly $10 million by telling this twitter follower to invest in a penny stock that was failingSource: wikipedia, Image: wikipedia
24

In 2002, just before he died, SEGA president Isao Okawa donated almost $700 million to save his company due to the failed Dreamcast console.

In 2002, just before he died, SEGA president Isao Okawa donated almost $700 million to save his company due to the failed Dreamcast console.Source: cnn, Image: wikipedia

23

Takashi Kotegawa, a Japanese day trader started with $13,000 and over the course of the next 8 years he turned it into $156 million. He claims it is better to not eat large meals because they make you sleepy, so he eats ramen noodles for most meals.

Takashi Kotegawa, a Japanese day trader started with $13,000 and over the course of the next 8 years he turned it into $156 millionSource: nytimes, Image: KoiQuestion via Flickr
22

An average Wall Street employee makes $363,000. An average PhD in the US makes $81,400

An average Wall Street employee makes $363,000. An average PhD in the US makes $81,400Source: payscale.com, Image: wikipedia

21

During the 90s many senators were allegedly beating the market by 12 percent per year. Corporate insiders typically only beat it by about 5%

During the 90s many senators were allegedly beating the market by 12 percent per year. Corporate insiders typically only beat it by about 5%Source: csmonitor.com, Image: wikipedia


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