Nathan Rothschild Waterloo bond profit

Rothschild’s Waterloo fortune came from bonds, not secret news

A famous conspiracy story claims banker Nathan Rothschild profited by learning of Napoleon's defeat at Waterloo before everyone else. Historical accounts instead describe his major profit as coming from British government bonds bought after the victory was public. He anticipated that peace would strengthen bond prices and later sold at a substantial gain.

Like this? There’s a whole feed of it. Replace empty scrolling with things worth knowing.
Download Hence for free