Confusión de confusiones, published in Amsterdam in 1688, is the world’s first book on the stock trade. Ever since the Financial Times included it in its list of ‘Ten Best Books Ever Written on Investment’ (January 28, 1995), interest in this book has soared. It is certainly a very special book, and it definitely stands out from the titles that are usually picked for such lists. But can it serve as a guide to modern investors, as the Financial Times suggested? Dialogues between a merchant, a philosopher and a share trader There are three characters in Confusión de confusiones. Two of them, a merchant and a philosopher, have heard about the trade in shares…