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What investors can learn from Maria Theresia and the Vienna stock exchange
What investors can learn from Maria Theresia and the Vienna stock exchange
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What investors can learn from Maria Theresia and the Vienna stock exchange

Austria celebrates the 300th birthday of Maria Theresa. She was born on 13 May 1717 in Vienna. It was her who founded the Vienna stock exchange in 1771 on the basis of an imperial patent (see image), after an earlier, failed attempt in 1761. Even though a lot has changed politically, economically, and technically since then, the eventful history of the Vienna stock exchange is still very instructive for every investor.