On November 13, 1998, TheGlobe.com launched its IPO (Initial Public Offering), rising 606% on its first day. Pre-registrant subscribers bought it at $9 and were able to sell it that same day at a closing price of $63.50, reaching an intraday high of $97.
November 12, 2018, was a very special day for me as I released my first book, The Argentine Pocket Investor. I'm going to tell you how I came up with the idea to release the book, and then, as a bonus, a full chapter as a gift.
In this lesson, we'll discuss the benefits of hedging, using derivatives, and other advanced investment strategies.
On November 10, 1983, Microsoft unveiled the Windows operating system in New York City. Product launch events are commonplace now, but at the time, Gates' unveiling of the new software was described as "the most elaborate product introduction ever seen" and was unique in the industry.
On November 9, 1989, the East German government announced that it would be possible to cross the border by requesting a permit. However, this was not entirely clear, giving the impression that the borders had been liberated. Within a few hours, people gathered at the crossings, managed to cross, and began destroying the wall.
In November 2007, the book "The Tao of Warren Buffett," by Mary Buffett and David Clark, was released. Let's see how this book reveals the secrets of the Oracle of Omaha, the greatest investor in history.
At noon on November 7, 1918, rumors began to spread that Germany was surrendering and World War I was over. Euphoria erupted in the United States, and even the New York Stock Exchange (NYSE) closed at 2:00 PM to celebrate. However, the story turned out to be false, or at least not entirely true. At the time, German officers were traveling to meet with Allied commanders, but peace wouldn't be signed until four days later, on November 11. Let's look at the full story of this peculiar event.
On November 6, 1905, a group of members of the Galician community in Argentina founded Banco de Galicia y Buenos Aires SA. It began operations at 146 Reconquista Street, Buenos Aires, providing financial services. Let's take a look at the complete history of one of Argentina's most important banks.
The collapse of the Fundão Dam in Mariana, Minas Gerais, on November 5, 2015, is considered one of the worst environmental disasters in Brazilian history. The tragedy, caused by the collapse of a mining waste dam controlled by Samarco Mineração SA (a joint venture between mining company Vale SA and BHP Billiton), left a trail of destruction and suffering, with socio-environmental impacts that continue to this day. Let's look at the full story.
In this lesson, we'll talk about commodities: how their prices are determined and how investors can buy or sell them without having to have a barrel of oil at home.
If you live in Buenos Aires, you've probably passed by the Federico Lacroze train station, or the avenue that surrounds it, more than once. The prominent businessman who gave his name to both stations was born on November 4, 1838. Let's take a look at the full story of this train enthusiast.
On November 3, 1999, the NASDAQ closed at 3,028 points, surpassing 3,000 for the first time. The dot-com bubble was reaching its peak. The New York Times devoted extensive coverage to this milestone. At that point, the NASDAQ had risen by almost 3,001 points over the past four years, but the euphoria didn't end there. By December 3, the NASDAQ had surpassed 3,500 points, by December 29, it had reached 4,000, and on March 9, 2000, it had closed above 5,000.
