Millionaire book cover

Millionaire by Janet Gleeson Summary

Millionaire
Janet Gleeson
3.8 (456 Reviews)
History
Finance
Economics
Visão Geral
Pontos Principais
Autor
Perguntas Frequentes

Overview of Millionaire

Discover the wild true story of John Law - gambler, duelist, and economic genius who invented paper money, created history's first stock market bubble, and whose financial experiments still haunt our modern economy. The Mississippi Company's spectacular crash offers eerie lessons for today's investors.

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Principais Lições

1

The Gambler Who Invented Modern Finance

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John Law's story reads like a thriller - Scottish mathematician turned gambler, murderer, prison escapee, and ultimately the creator of the world's first major stock market boom. In the early 1700s, as European monarchs faced bankruptcy from endless wars, Law proposed a revolutionary solution: replace scarce gold and silver with abundant paper money. His system briefly transformed France from destitution to prosperity, introducing the word "millionaire" to our vocabulary. What makes Law's story so compelling today is how eerily familiar it feels - he essentially predicted our modern financial system three centuries ago. From credit cards to digital currencies, we now live in the cashless world Law envisioned. Yet his spectacular rise and catastrophic fall offers timeless lessons about financial innovation, human psychology, and the dangerous line between genius and delusion. Have you ever wondered why we trust the value of paper money? The answer begins with John Law.

2

From Gambling Tables to Financial Theory

3

From Theory to Revolutionary Practice

4

The Mississippi Bubble: Euphoria and Collapse

5

The Legacy of Financial Revolution

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
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likes
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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
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star
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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201
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"It is great for me to learn something from the book without reading it."

@OojasSalunke
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
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"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
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star
star
star

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
platform
comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
star
star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
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