Who Are The Key Figures In 'Devil Take The Hindmost'?

2025-06-18 19:14:06 333

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Ian
Ian
2025-06-19 17:49:23
The key figures in 'Devil Take the Hindmost' are a mix of ruthless opportunists and tragic dreamers, each chasing wealth in their own way. Edward Chancellor's book exposes the wildest speculators in financial history, like John Law, whose Mississippi Scheme inflated and burst like a soap bubble. Then there's Jesse Livermore, the Wolf of Wall Street before the title existed, who made and lost fortunes playing the market like a violin. The most fascinating might be Isaac Newton - yes, the gravity guy - who got burned so badly in the South Sea Bubble that he banned talking about stocks. Chancellor shows how these figures weren't just greedy; they were believers in systems that ultimately betrayed them.
Isla
Isla
2025-06-22 21:26:02
Diving into 'Devil Take the Hindmost' feels like attending the most extravagant dinner party of financial history's greatest fools and geniuses. The central figures form a rogue's gallery of economic madness across centuries.

John Law stands out as the ultimate charismatic disaster. This Scottish gambler-turned-Finance Minister convinced 18th century France that paper money backed by Louisiana swampland was solid gold. His rise and spectacular fall reads like a Shakespearean tragedy where everyone loses their shirts. Contrast him with Daniel Drew, the 19th century railroad manipulator who invented "watering stock" literally by making cattle drink before weigh-ins.

The modern era gets brutal treatment too. Chancellor dissects Michael Milken's junk bond empire and the 1980s corporate raiders who treated companies like poker chips. What connects all these figures isn't just greed, but their shared belief that this time, the rules don't apply. The book's genius lies in showing how each generation's financial "innovation" just repackages ancient human folly.
Zachariah
Zachariah
2025-06-23 16:27:51
Chancellor's masterpiece reveals financial history's most colorful characters through their own hubris. The standout figures form a parade of cautionary tales.

You've got the original meme stock traders like the Dutch tulip mania speculators who traded homes for flower bulbs. Then comes the granddaddy of all financial cults - the South Sea Company directors who convinced Brits that trade with South America (which they weren't allowed to do) would make them rich. Their promotional pamphlets read like crypto whitepapers from 1720.

Modern readers will recognize kindred spirits in corporate raiders like T. Boone Pickens, who treated the stock market like a corporate hunting ground. The throughline? Each key figure genuinely believed they'd found the cheat code to wealth until reality hit. What makes 'Devil Take the Hindmost' timeless is seeing how little human nature changes across centuries of financial madness.
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