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Top 100 lesser known Facts about Finance

1. The term "bull market" originated from the way a bull attacks, thrusting its horns up into the air. It signifies a rising market.
2. The New York Stock Exchange (NYSE) is one of the oldest stock exchanges in the world, established in 1792 under a buttonwood tree.
3. The term "blue chip stocks" was coined from the highest value chip in poker, denoting a company with a solid reputation and stable financials.
4. The most expensive stock ever traded is Berkshire Hathaway's Class A shares, which have reached prices in the hundreds of thousands of dollars per share.
5. The longest stock market trading halt in history occurred during the "Black Monday" crash in 1987, lasting for four days.
6. The concept of insurance dates back to ancient times. The Code of Hammurabi, written in 1754 BCE, mentions marine insurance policies.
7. The "Dogs of the Dow" strategy involves investing in the ten highest dividend-yielding stocks of the Dow Jones Industrial Average at the beginning of each year.
8. The term "credit score" was first used by engineer William R. Rapp in a 1958 article, but the modern credit scoring system was introduced in the 1980s.
9. The Great Depression, one of the most severe economic downturns in history, lasted from 1929 to the late 1930s, affecting economies worldwide.
10. The first paper money was introduced in China during the Tang Dynasty (618-907 AD) and was initially used by merchants as a form of promissory note.

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