On the investment and financial management of celebrities as children.

The famous Newton was once a crazy stockholder. 17 1 1 year, the British Nanhai company with British government background was established and issued the first batch of shares. At that time, everyone was optimistic about Nanhai Company, and its share price rose rapidly from 1720 to 128 in October, with an amazing increase. In April, seeing such good news, Newton did not hesitate to buy shares of Nanhai Company with his own funds of around 7,000 pounds. Soon his shares rose, and after only two months or so, Newton, who was more cautious, sold them and made 7000 pounds!

But Newton regretted it as soon as he sold the stock. Because in July, the share price reached 1000, almost eight times higher. So Newton decided to increase investment. But at this time, Nanhai Company has encountered operational difficulties, and the real stock price is seriously decoupled from the market price. And in the previous June, the British Parliament passed the anti-bubble company law, which imposed policy restrictions on companies such as Nanhai Company. As a result, Nanhai shares plummeted not long after, and finally fell to around 124 in February, and the total assets of Nanhai Company shrank seriously. Many investors lost their money, and Newton didn't get away, losing twenty thousand pounds!

This money is undoubtedly a huge sum for Newton. He once held a high-paying position as the director of the Royal Mint, with an annual salary of only 2,000 pounds. Afterwards, Newton lamented: "I can calculate the trajectory of celestial bodies, but it is difficult to predict people's madness."