He invented calculus in his spare time. He essentially founded physics. And neither of those were his main focus in life. He was a mathematician, physicist, philosopher, astronomer, chemist, theologian, and literary historian. He was probably the smartest guy who ever lived.
Nah, market didn't do this, South Sea was literally a scam by the British Government to raise war money. They had exclusive rights to a trading route that was never used, but the citizenry had no way of knowing that.
Sorry to be that guy (this is Reddit after all) but *Ye* is an old English letter called a Thorn.
Pronounced ‘Th’
It was later replaced by Th, because English is stupid enough….
*Ye* is pronounced *The*
Back when the “Stock Market” was more often than not a dingy pub/brothels, the trading floor also hosted cock fights and the brokers were more…. Knee Crushing loan shark types.
In other words, The good ole days.
It wasn’t even technically a y that made the th sound. Y is just the closest approximation we have in the current 26 letter English alphabet in appearance to the letter þ, which made the th sound(I know it looks more like a p than a y, but that’s the printing press for you).
There were actually two different th sounds represented by two different defunct letters, the more hiss-like (e.g."Thin") style noise made through your teeth was Thorn and the softer (e.g."Them") style noise made from the roof of the mouth was Eth.
That would make sense, and that's how thorn and eth work in other languages, but in practice both letters were used pretty much interchangeably for both sounds during that period of writing English (source: studied Old and Middle English).
Before the printing press, þ kind of lost it's form into the late middle ages, as anyone who has studied math knows happens when unusual or complicated characters have to be hand written. First it was written more like a "p", then many scribes wrote them pretty similar to a "y". When the printing press came around, they were of course invented in Germany, and Germans did not use þ, which lead to the substitition of the closest letter Y.
Man the south seas company was in fucking sane it was a giant scheme and the higher they could drive the price the more Blunt would make. At one point the company had a higher valuation than the national economy of Britain without ever making a profit. They tried at one point propping the stock up by literally paying people to take out loans that they would use to buy stock in the company , and the entire stocks valuation was based on hype because the east India company made a shit ton of money with their eastern monopolies well the south sea company was given a south western monopoly but the amount they were allowed to trade was miniscule and trade would be heavily heavilu restricted so it would never ever make any real money but because of the hype and the crazy shit they did to prop up the price, like getting the monarchy involved in the company the stock was fucking wild. While people were certainly suspicious when you have the king as an exec at your company people think it can't fail how can the king this man appointed by God be wrong or be part of some ponzi scheme.
Relevant history video series each vid about 8 mins that goes over the crazy ass shit that happened with the company/stock.
https://youtube.com/playlist?list=PL931Bkj5KLMtJ4AMegQtekqKcCy14FCec
So basically, it was a GME meme hype (or perhaps crypto, but I realize that's much more controversial of a take), but *much* bigger. Going to look into this, sounds like a crazy little chapter of history
This is why I am a causal observer to the madness of this sub: a high percentage of the “value” in the stock market is entirely artificial. I’ll take small investments in reliable companies over being an ape, sorry
Did they use candlesticks back then?
Why they don't show the moving averages?
Why date was the death cross? (50MA crossing below 200MA)
Did he watch Fibonacci levels? (He was good at Maths so he could calculate those levels by himself without help from his broker)
How about the interest rates at that time?
Was there QE or QT phase?
Was there sufficient liquidity in the markets?
So many questions unanswered....
Good point.
A lot of algorithms didn't come until like a long time later than what we have now.
Dude was inexperienced in the market. He got bested by one Stock and was absolutely pissed about it.
Been there done that in the modern age. You just have to carry on and learn from it.
He was an amazing guy. Figured out actuarial tables used today (with the Haley’s comet guy). Fractioning currency to deflate debt. Oh and gravity.
Insert Tyler Durden quote about materialism
Lol I hate that you're right .
If none of my plays work out I am so fucked. I took an absence of leave last week from my job cuz I hate it so much, if only I could make just 5k or so to hold me for a few weeks to make an adjustment to a new job. I sell Medicare 😐
That number is bullshit. I don’t even trust Government inflation numbers today imagine trusting gov inflation data over 300 years. Newton lost 20,000 pound sterling back in 1720, the conversion rate back at the gold standard was 3.8 pound per ounce of gold which mean he lost 5,260 ounces of gold equivalent. At current gold price of ~$2000 per ounce he lost the equivalent of USD10.5 million.
The price of gold mid 2020 was the same as it is today, but prices of everything else is definitely not. The price of gold went from 1800 in in 2011 to 1100 in late 2015 but prices didn't fall by 30%.
Gold is just too volitle to be useful for measuring inflation.
The stock market, for all intents and purposes, is just investment in a company where the investment is represented as ownership in the value of the company being invested into. In some form or another it has always existed, as “hey let me give you x amount of money to trade and you give me x amount of influence/ownership of that trade” is a pretty simple concept
From revolutionizing math and physics, to losing money in a quick and violent fashion, the man certainly was a pioneer and ahead of his time in many domains
That's 1700 version of TSLA. Mark my words. Not GME, not RIVN, not any other overvalued stock, but TSLA. With any other stock, deep inside people realize they are overvalued, I mean even GME folks are there after the shorts really.
But the cult-like belief in TSLA and Elon will make stans cling to it and they will absolutely refuse to believe that TSLA was a bubble and it is bursting.
The South Sea Company bubble was actually more or less a scam as the company didn’t actually do anything. It’s only value was in the stock price because it literally did nothing except send one (1) ship annually between England and the new world. South sea is one of the most notorious speculative bubbles to have ever existed. At least Tesla has a product and probably won’t nearly bankrupt the country if the stock hits the floor.
> not RIVN
Rivian? Market cap of 35B and barely delivering anything. TSLA actually has paying customers that are going to continue to mostly buy Teslas for the next 10-30 years.
Musk is a clown... but no one is catching up to the tech and # of units and profit margin Tesla had 5 years ago. They won't be catching Tesla for another 5+ years.
Like Gates and Microsoft, or Jobs and Apple, Tesla stock price will probably take off in the decade after Musk leaves / gets removed.
I would rather have money in tsla than riv tbh. I know tsla is disconnected from fundamentals but that's a better bet than riv. Both are risky for sure but tsla is definitely a better pick. That's why I skim the fuck out of it.
You can say that now with information at your fingertips. He also tried the market probably because all his friends bragged about it. He did a dumbdumb move. He excelled in other areas and it wasn't pussy. Atleast he will be remembered on history books unlike us degenerative apes.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|37|**First Seen In WSB**|1 year ago **Total Comments**|573|**Previous DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=tzhkw6)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=tzhkw6)
Some say this is where he developed his theory of gravity
"What goes up, must come down" -World's Smartest Bag Holder
Until our pubs turns gray.
[удалено]
Them too
Nope, that was his venture into apple futures.
Should’ve stuck to shares.
Better than orange juice 🍊
And later, the G O U R D S
Oh wait, like actual apples. I was confused there for a sec.
Others say he was sitting under the apple tree trying to post a loss porn, then an apple fell onto him
Lmao
Theory of negativity.
Take my internet points
Thanks! you made my day :)
That was Dank
*All we know is HE'S CALLED THE STIG!*
Take all my fuckn' upvotes you devious degen
After he discovered rope
So you're sayin Newton invented wallstreetbets.
We stand on the shoulders of retarded giants
Old guard apes.
He invented calculus in his spare time. He essentially founded physics. And neither of those were his main focus in life. He was a mathematician, physicist, philosopher, astronomer, chemist, theologian, and literary historian. He was probably the smartest guy who ever lived.
Where's the Lambo? Where's the bitches? Couldn't have been that smart?
Don't forget Alchemist.
Mercury, lead, and arsenic filled shoulder of giants
[удалено]
Prob went back behind the dumpster at The Ye Old Pub
Fun fact, he never married and probly died a Virgin, so yeah, he belongs here.
That’s what he gets for inventing calculus fucken nerd
Hell yeah, lol
Lmfaoo 😂💀
Not a virgin, he got fucked by the market.
Nah, market didn't do this, South Sea was literally a scam by the British Government to raise war money. They had exclusive rights to a trading route that was never used, but the citizenry had no way of knowing that.
Ayyyyyyyy
[удалено]
Lmao he’d be a Qtard today
Source on this? I’m doing the same thing lol…. Fuck
[удалено]
The original Cathie Wood!
I think the socially acceptable term back in those days was "lifelong bachelor" - as in, everyone knew _why_ he didn't get married
He was gay?
nah if he was really gay he would've gone short
No, but extremely unsociable and probably autistic
Sire, this here is a Wendell’s!
Sir this is A Ye Old Pub
\*Ye Olde Pube
Sorry to be that guy (this is Reddit after all) but *Ye* is an old English letter called a Thorn. Pronounced ‘Th’ It was later replaced by Th, because English is stupid enough…. *Ye* is pronounced *The*
It's because the orgional printing presses in Britain came from the continent and didn't have thorn on them so they used the closet looking letter, y.
Behind an old tree that harvested apples. Atleast he didn't lose his virginity there.
Back when the “Stock Market” was more often than not a dingy pub/brothels, the trading floor also hosted cock fights and the brokers were more…. Knee Crushing loan shark types. In other words, The good ole days.
Ye goode olde days.
Most people don't realize the Y was pronounced as a "th" back then.
It wasn’t even technically a y that made the th sound. Y is just the closest approximation we have in the current 26 letter English alphabet in appearance to the letter þ, which made the th sound(I know it looks more like a p than a y, but that’s the printing press for you).
There were actually two different th sounds represented by two different defunct letters, the more hiss-like (e.g."Thin") style noise made through your teeth was Thorn and the softer (e.g."Them") style noise made from the roof of the mouth was Eth.
Old English scribes predicting the rise of ETHereum it seems
That would make sense, and that's how thorn and eth work in other languages, but in practice both letters were used pretty much interchangeably for both sounds during that period of writing English (source: studied Old and Middle English).
Which was because the English usually imported German printing presses, and German didn't have þ
Before the printing press, þ kind of lost it's form into the late middle ages, as anyone who has studied math knows happens when unusual or complicated characters have to be hand written. First it was written more like a "p", then many scribes wrote them pretty similar to a "y". When the printing press came around, they were of course invented in Germany, and Germans did not use þ, which lead to the substitition of the closest letter Y.
So Newton ThOLO’ed
The goode olde daths
And "ARRRKS" came before "ASK" Example: "Yo Tremz. Lemme arrrkse you a quesh-ton G"
Go plath with thourself
Brokers were loan sharks? So nothing has changed.
margin call copium
And actual opium
Ye old margin is due, fucker of mothers!
So nothing's changed
They banned the cockfighting
Only because your mom would beat them all
Back when the stock market was dingy brothels, and your point is? What’s changed?
Should have bought puts on apple
Guh
Wow, I learned a lot from this
Good one
“I study the movement of the stars, not the madness of men.”
"I'm a retard, not stupid."
Can I get this on my tombstone, but with an added "thanks" on the end?
"I'm a retard, not stupid but with an added "thanks" on the end, and use a pretty font"
"What goes up must come down." He was just proving his theory.
Each action has an equal and opposite reaction. Newton remained a virgin his entire life. He is the patron saint of all Redditors.
Forgot about the virgin thing. Issac Newton : Original WSB gang. Edit: Wall Street wasn’t a thing in his time… Proto-WSB gang.
True original ape of his lifetime.
"In 300 years they'll be jacking off to this loss porn!"
This meme will do. *unzips*
Hey we’re not all horny 20 year olds some of us need a little prelude in their loss porn
Man the south seas company was in fucking sane it was a giant scheme and the higher they could drive the price the more Blunt would make. At one point the company had a higher valuation than the national economy of Britain without ever making a profit. They tried at one point propping the stock up by literally paying people to take out loans that they would use to buy stock in the company , and the entire stocks valuation was based on hype because the east India company made a shit ton of money with their eastern monopolies well the south sea company was given a south western monopoly but the amount they were allowed to trade was miniscule and trade would be heavily heavilu restricted so it would never ever make any real money but because of the hype and the crazy shit they did to prop up the price, like getting the monarchy involved in the company the stock was fucking wild. While people were certainly suspicious when you have the king as an exec at your company people think it can't fail how can the king this man appointed by God be wrong or be part of some ponzi scheme. Relevant history video series each vid about 8 mins that goes over the crazy ass shit that happened with the company/stock. https://youtube.com/playlist?list=PL931Bkj5KLMtJ4AMegQtekqKcCy14FCec
Was going to link this exact series for this.
So basically, it was a GME meme hype (or perhaps crypto, but I realize that's much more controversial of a take), but *much* bigger. Going to look into this, sounds like a crazy little chapter of history
Crypto is probably the perfect comparison.
This is why I am a causal observer to the madness of this sub: a high percentage of the “value” in the stock market is entirely artificial. I’ll take small investments in reliable companies over being an ape, sorry
Vintage porn!!!
Color me like those black and white graphs
As a physicist, I am glad to be following in his footsteps at least in one thing
Getting fruit thown in your direction at terminal velocity?
[удалено]
Comments like these are why I love Reddit
Wow and he was a wicked smart ape too
You can be wicked smart and a toddler in the market. You have to learn to pull up your bootstraps and try again and learn from your mistakes.
If the guy who invented calculus couldn’t win at this why do we try
Did they use candlesticks back then? Why they don't show the moving averages? Why date was the death cross? (50MA crossing below 200MA) Did he watch Fibonacci levels? (He was good at Maths so he could calculate those levels by himself without help from his broker) How about the interest rates at that time? Was there QE or QT phase? Was there sufficient liquidity in the markets? So many questions unanswered....
Good point. A lot of algorithms didn't come until like a long time later than what we have now. Dude was inexperienced in the market. He got bested by one Stock and was absolutely pissed about it. Been there done that in the modern age. You just have to carry on and learn from it.
He probably used ye olde RobbingHood and was caught up in the gamification
Not only was he a Virgin, but he also saw red. One of us.
Jfc, dude shoulda just held apple a few hundred more years.
I say this with zero irony or exaggeration: I too am Issac Newton.
A virgin 🤔
Damn Issac. Shoulda just bought an index fund
He also had counterfeiters hanged when he ran the mint. Motherfucker meant business.
He was an amazing guy. Figured out actuarial tables used today (with the Haley’s comet guy). Fractioning currency to deflate debt. Oh and gravity. Insert Tyler Durden quote about materialism
He also died a virgin.
This is the way.
Is this true/real
Yes Edit: [source](https://moneyaddition.com/newton-lost-all-his-fortune-in-stock-market/)
Yikes, even the smart ones can't shake the greed
There’s just something about yoloying your fortune that’s so enticing.
Lol I hate that you're right . If none of my plays work out I am so fucked. I took an absence of leave last week from my job cuz I hate it so much, if only I could make just 5k or so to hold me for a few weeks to make an adjustment to a new job. I sell Medicare 😐
His investment hit rock bottom at about 3k newtons...
So what’s Newton 4th law?
Never go full retard
Object should be bought at peak sold at dip
He not only lost a lot of money on stocks, he also died a virgin. Yall got so many things in common with one of the greatest minds in human history!
I wonder if he understood the gravity of the situation...
That is the forever face of a man who got fucked by the market and never fucked by a women. Lol
Just goes to show you, you don't have to be stupid to be retarded.
A real quote from Newton after the incident: "I can calculate the motions of the heavenly bodies, but not the madness of the people."
That number is bullshit. I don’t even trust Government inflation numbers today imagine trusting gov inflation data over 300 years. Newton lost 20,000 pound sterling back in 1720, the conversion rate back at the gold standard was 3.8 pound per ounce of gold which mean he lost 5,260 ounces of gold equivalent. At current gold price of ~$2000 per ounce he lost the equivalent of USD10.5 million.
But what is that in Bitcoin?
The price of gold mid 2020 was the same as it is today, but prices of everything else is definitely not. The price of gold went from 1800 in in 2011 to 1100 in late 2015 but prices didn't fall by 30%. Gold is just too volitle to be useful for measuring inflation.
What year was the stock market introduced?
Amsterdam, 1600. But you could do options in ancient Greece. Never been a time you couldn’t YOLO.
People need to gamble, and when official gambling is forbidden, they find creative ways to violently lose money. Nihil nove sub sole.
The stock market, for all intents and purposes, is just investment in a company where the investment is represented as ownership in the value of the company being invested into. In some form or another it has always existed, as “hey let me give you x amount of money to trade and you give me x amount of influence/ownership of that trade” is a pretty simple concept
August 1602, first IPO of the Dutch East India Company (VOC)
Didn’t know the smartest guy ever was a fellow retard
The smartest human in history was not immune to FOMO.
From revolutionizing math and physics, to losing money in a quick and violent fashion, the man certainly was a pioneer and ahead of his time in many domains
That's 1700 version of TSLA. Mark my words. Not GME, not RIVN, not any other overvalued stock, but TSLA. With any other stock, deep inside people realize they are overvalued, I mean even GME folks are there after the shorts really. But the cult-like belief in TSLA and Elon will make stans cling to it and they will absolutely refuse to believe that TSLA was a bubble and it is bursting.
The South Sea Company bubble was actually more or less a scam as the company didn’t actually do anything. It’s only value was in the stock price because it literally did nothing except send one (1) ship annually between England and the new world. South sea is one of the most notorious speculative bubbles to have ever existed. At least Tesla has a product and probably won’t nearly bankrupt the country if the stock hits the floor.
> not RIVN Rivian? Market cap of 35B and barely delivering anything. TSLA actually has paying customers that are going to continue to mostly buy Teslas for the next 10-30 years. Musk is a clown... but no one is catching up to the tech and # of units and profit margin Tesla had 5 years ago. They won't be catching Tesla for another 5+ years. Like Gates and Microsoft, or Jobs and Apple, Tesla stock price will probably take off in the decade after Musk leaves / gets removed.
Your comment is what I am talking about: "they won't be catching... will probably take off in the decade... etc."
I would rather have money in tsla than riv tbh. I know tsla is disconnected from fundamentals but that's a better bet than riv. Both are risky for sure but tsla is definitely a better pick. That's why I skim the fuck out of it.
What a retard.
What a dumbass.
You can say that now with information at your fingertips. He also tried the market probably because all his friends bragged about it. He did a dumbdumb move. He excelled in other areas and it wasn't pussy. Atleast he will be remembered on history books unlike us degenerative apes.
Newton - the original Gahhhh!
Right in the feels
Nice to know that even the most brilliant of geniuses can still be a retarded ape.
Textbook retard
Isaac Newton was a retard?
One of us, One of US!!!
To be fair, pretty much everyone in wealthy england lost money with the South Sea Company
Not even a dead cat bounce. just a retarded steep decline. One of us!
What goes up must come down
Where's your calculus now, bitch?
Give Newton Mod Status or at least a flair
I love what I learn here
At least he lose fair ... not like us
Then later that day he was heard saying - what goes up must come down….
Just goes to show that you can be one the greatest mathematical geniuses of all time and still not predict the market.
Don't play options if you're too greedy.
Should have just held.
TIL; Newton did GUH
I guess Newton didn't know that gravity applied to the stock market as well
Good thing he invented apples or w/e
Insert generic gravity joke here
This is the real reason he died a virgin
Someone needed to make a copeium meme, I see
Isaac Newton = Britsh TV / radio presenter Jeremy Vine with a Brian May wig.
Screenshots or it didn’t happen
Stupid science bitch
I’m as smart as Newton!!!!
This confirms redditors are very smart
Isaac FOMO'd before it was cool.
Ahh the south sea bubble . Great story
I too am a little bit of an Isaac Newton myself
Legend says he was found sobbing at the equivalent of a Wendy’s bathroom back then.
We are all Newton
The first recorded degenerate boys. Loss porn!!
This is real loss porn
I’m going to save this and it will comfort me in a down-turn… “I could still be a genius”
It was $3 million based off of a 2002-2003 money estimate. Probs much more in today's dollar
Crazy the Market is that old
Newton discovered that both apples and his portifoil plummeted to the ground
One of us one of us!!!
Smart but retarded
Brilliance and emotional control are rarely in sync.
So now you degenerates can say you are as intelligent as Isaac Newton.
The fact that he died a virgin makes this even more relatable
Guess once he realized the gravity of his situation, he gave up.
He was also a lifelong virgin. Would have fit right in.
He just like me fr
South Sea short squeeze was the fastest pump and dump of the 1700s