In 1717, the Mississippi Company had big plans to colonize the area around modern day New Orleans. John Law – the director – was also the governor of the French central bank and worked closely with King Louis XV. To finance their colonization, the company issued shares on the Paris stock exchange, spreading the narrativeContinue reading “Mini Essay: The Mississippi Bubble”
Monthly Archives: November 2020
PBT Group: An undervalued spinoff with strong industry tailwinds.
The PBT Group, previously Prescient, was an amalgamated financial services and business technology service provider. In 2017 they spun out their financial services holding to focus exclusively on business technology and data analytics…