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060: Peter Tuchman – 30 Years on the NYSE: A Lesson in History with Wall St’s Most Photographed Man

Chat With Traders

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The History of Convertible Arbitrage

In the early 1900s, 1,654 seats were created on the New York Stock Exchange. They had value anywhere from $30,000 to $8 million over time. The value of a seat was a function of how much money people were making and how busy the market was.

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