Post-War Era
26 entries
S&P 500
The Standard and Poors 500 Index was introduced in 1957, tracking 500 large US companies. It became ...
NASDAQ
The worlds first electronic stock exchange, founded on February 8, 1971. NASDAQ originally stood for...
1973 Oil Crisis
OAPEC proclaimed an oil embargo against nations supporting Israel during the Yom Kippur War. Oil pri...
1979 Oil Crisis
The second oil shock, triggered by the Iranian Revolution. Oil production in Iran collapsed, and pri...
Vanguard Founded
John Bogle founded Vanguard in 1975, creating the first index mutual fund available to individual in...
First Hedge Fund
Alfred Winslow Jones created the first hedge fund in 1949. Jones used a strategy of buying undervalu...
Bretton Woods Agreement
In July 1944, 730 delegates from 44 nations met at Bretton Woods, New Hampshire, to design the postw...
Berkshire Hathaway
Warren Buffett took control of Berkshire Hathaway, a struggling textile manufacturer, in 1965. He tr...
Bretton Woods Detail
The Bretton Woods Conference in July 1944 was formally called the United Nations Monetary and Financ...
Hungarian Hyperinflation
Hungary in 1946 experienced the worst hyperinflation in recorded history, surpassing even Zimbabwe. ...
Poseidon Nickel Bubble
The Poseidon bubble was an Australian stock bubble centered on Poseidon NL, a nickel mining company....
Walmart IPO
Walmart went public on October 1, 1970 at 16.50 per share. Founded by Sam Walton in 1962, Walmart ha...
Disney IPO
The Walt Disney Company went public on November 12, 1957 at 13.88 per share. The IPO was motivated b...
Nifty Fifty
The Nifty Fifty were a group of large cap growth stocks on the NYSE in the 1960s and early 1970s tha...
First Index Fund
The first index fund available to individual investors was launched by Vanguard on August 31, 1976. ...
Efficient Market Hypothesis
The Efficient Market Hypothesis, developed by Eugene Fama in 1970, argues that stock prices fully re...
Modern Portfolio Theory
Harry Markowitz published Portfolio Selection in 1952, introducing the idea that investors should co...
Black-Scholes Model
The Black-Scholes options pricing model, published in 1973 by Fischer Black, Myron Scholes, and Robe...
Special Drawing Rights
Special Drawing Rights were created by the IMF in 1969 as an international reserve asset. SDRs are n...
Ray Dalio Bridgewater
Ray Dalio founded Bridgewater Associates in 1975 in his New York apartment. Bridgewater became the l...
Warren Buffett Detail
Warren Buffett took control of Berkshire Hathaway in 1965 and transformed it into the greatest inves...
Charlie Munger
Charlie Munger was Warren Buffetts partner at Berkshire Hathaway for 45 years. Munger shifted Buffet...
Peter Lynch Magellan
Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990, averaging 29.2 percent annually, t...
Tombstone Ads
Tombstone advertisements are the simple, formal notices that investment banks place in newspapers to...
Volcker Shock
Federal Reserve Chairman Paul Volcker raised the federal funds rate to 20 percent in 1981 to kill in...
Nixon Shock
On August 15, 1971, President Nixon ended the convertibility of the US dollar into gold, effectively...