3 ms·
For a fun graphic from the 1950s: https://news.ycombinator.com/item?id=29309175 https://news.ycombinator.com/item?id=29309175 "What makes us Tick" was a high-q
by dragontamer 5y ago
For a fun graphic from the 1950s: https://news.ycombinator.com/item?id=29309175 https://news.ycombinator.com/item?id=29309175
"What makes us Tick" was a high-quality cartoon that explained the theory of the stock market, and the benefits of captitalism in general. Of course, its a Cold War era propaganda cartoon, but its still a really clear and simple explanation.
The "Ticker Tape" may sound quaint, but "Market Makers" are really just those round-lot dealers that are discussed in the cartoon. The overall explanation remains valid for today's market, just with more automation / computers involved today rather than humans on a telephone.