Encyclopedia of Investment Terminology

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Mississippi Company

The Mississippi Company is a notable investment group from the past was one of the first bubbles in investing history. The company was formed in the seventeenth century and in 1717 John Law from Scotland bought a notable amount of control in the Mississippi Company and the company soon acquired a number of other companies in 1719. The share price of this group was 500 livres in 1719 and thanks to the increase in interest towards investing in the Louisiana territory shares went up to 10,000 livres in 1720. However in 1721 the stock fell to 500 livres due to a decline in confidence among investors.

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