Today I learned on Nostr: TIL At the peak of its popularity, the South Sea Company stock price went up from ...

TIL At the peak of its popularity, the South Sea Company stock price went up from £100 to £1000 within a year, even though nobody knew exactly what they were investing in. Although he mocked people who invested in the scam, Issac Newton owned £22,000 in stock(over 4 million in 2025 values)

https://en.wikipedia.org/wiki/South_Sea_Company#Top_reached
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1iyycfd/til_at_the_peak_of_its_popularity_the_south_sea/