Financial History 145 Spring 2023 - Page 43
HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY ?
1 . What iconic investor ’ s first rule of investing is “ Never lose money ?”
2 . In what US state was modern currency invented in the 17th century ?
3 . What type of US coins were melted into bullion as a result of the 1918 Pittman Act ?
4 . What exchange first traded options contracts in April 1973 ?
5 . Who was the president of the Second Bank of the United States from 1923 – 1836 ?
6 . What company sued the American Stock Exchange because the exchange failed to secure the company ’ s consent before trading options on its stock ?
7 . What financial issue was at the heart of the 1862 Dakota War ?
8 . What is typically the slowest month of stock market trading ?
9 . Approximately how many $ 100 bills are currently in circulation ?
10 . What product did George Washington produce at Mount Vernon that was such high quality he was able to sell it at premium prices ?
1 . Warren Buffett 2 . Massachusetts 3 . Silver dollars 4 . Chicago Board Options Exchange ( Cboe ) 5 . Nicholas Biddle 6 . Golden Nugget 7 . The gold standard 8 . September 9 . 12 billion 10 . Flour www . MoAF . org | Spring 2023 | FINANCIAL HISTORY 41