{"title":"Lodewijk Petram","description":"\u003cp\u003eLodewijk Petram is a distinguished author and historian renowned for his expertise in the realms of finance and investment. With a keen interest in economic history, Petram delves into the fascinating world of financial markets and their evolution over time. His works offer insightful perspectives on the intricate dynamics of trading and investment.\u003c\/p\u003e\n\n\u003cp\u003eOne of his most acclaimed books, \u003cem\u003eThe World’s First Stock Exchange\u003c\/em\u003e, takes readers on a captivating journey back to 17th-century Amsterdam. Petram meticulously unravels the story of how the world’s first official stock exchange came into being, shedding light on its impact on modern financial systems. His clear and engaging writing style makes complex financial concepts accessible to a broad audience.\u003c\/p\u003e\n\n\u003cp\u003eFor readers eager to understand the historical underpinnings of today’s financial world, Lodewijk Petram’s books provide a clear and enlightening exploration. Whether you are a finance enthusiast or a history buff, his works serve as a valuable resource for anyone interested in the intersection of economics, history, and investment.\u003c\/p\u003e","products":[{"product_id":"the-worlds-first-stock-exchange-by-lodewijk-petram-9780231163781","title":"The World’s First Stock Exchange","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe launch of the Dutch East India Company in 1602 initiated Amsterdam's transformation from a regional market town into a dominant financial centre. The Company introduced easily transferable shares, and within days buyers had begun to trade them. Soon the public was engaging in a variety of complex transactions, including forwards, futures, options, and bear raids, and by 1680 the techniques deployed in the Amsterdam market were as sophisticated as any we practise today.\u003c\/p\u003e\n\n\u003cp\u003e\u003ci\u003eThe World’s First Stock Exchange\u003c\/i\u003e by Lodewijk Petram is an eye-opening history that demystifies financial instruments by linking today's products to yesterday's innovations, tying the market's operation to the behaviour of individuals and the workings of the world around them. Travelling back to seventeenth-century Amsterdam, Petram visits the harbour and other places where merchants met to strike deals. He bears witness to the goings-on at a notary's office and sits in on the consequential proceedings of a courtroom.\u003c\/p\u003e\n\n\u003cp\u003eHe describes in detail the main players, investors, shady characters, speculators, and domestic servants and other ordinary folk who all played a role in the development of the market and its crises. His history clarifies concerns that investors still struggle with today, such as fraud, the value of information, trust and the place of honour, managing diverging expectations, and balancing risk, and does so in a way that is vivid, relatable, and critical to understanding our contemporary financial predicament.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000825757932,"sku":"9780231163781","price":56.99,"currency_code":"NZD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/7694513482270.jpg?v=1763307884"}],"url":"https:\/\/bookhero.co.nz\/collections\/lodewijk-petram.oembed","provider":"Book Hero","version":"1.0","type":"link"}