• Thought of the Day

    Thought of the Day

    2000: Now the skilful workman is very careful indeed as to what he takes into his brain-attic. He will have nothing but the tools which may help him in doing his work, but of these he has a large assortment, and all in the most perfect order. It is a mistake to think that that little room has elastic walls and can distend to any extent. Depend upon it, there comes a time when for every addition of knowledge you forget something that you knew before. It is of the highest importance, therefore, not to have useless facts elbowing out the useful ones.

    –Sherlock Holmes, in A Study in Scarlet (The Complete Sherlock Holmes, Doubleday, New York, 1953, vol. I), p. 10.

Today in Financial History

1808: The Milan Stock Exchange (Borsa Valori di Milano, now called La Borsa Italiana) is established.

Museum of American Financial History.