Did you know... Facts related to the markets

siddhant4u

Well-Unknown Member
#13
wow, there are so many facts about market !!

In 1954, economist Armen Alchian was able to figure out what the secret fuel was for the newly developed hydrogen bomb just by looking at the share prices of chemical suppliers on the stock market.

Armen A. Alchian conducted the world's first event study to infer the fuel material used in the manufacturing of the newly-developed hydrogen bomb. Successfully identifying lithium as the fusion fuel using only publicly available financial data, the paper was seen as a threat to national security and was immediately confiscated and destroyed.
source : https://www.sciencedirect.com/science/article/pii/S0929119914000546
 

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