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The Vaporware Salesman
2 years ago
finance
trading
patrick boyle
on finance
cfa exam
kings college london
business school
quantitative finance
financial derivatives
personal finance
investing
investments
stock market
corporate finance
Keely Motor Company
perpetual motion
investment scams
the vaporware salesman
vaporware
stock market frauds
fake gurus
EV's
cars
automobiles
engines
water engine
clean energy
John Ernst Worrell Keely
elon musk
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The Vaporware Salesman
John Keely was the founder of the Keely Motor Company. He announced that he had discovered a new physical force, one that, if harnessed, would produce unheard-of power. He claimed to be able to produce from a quart of water enough fuel to move a 30-car train from Philadelphia to New York City. Scientists and engineers scoffed at his unverified claims. After his death, an investigation was carried out, and examination of his apparatus - a supposed perpetual motion machine - showed that, rather than a new force, tubes of compressed air or a form of hydraulic power activated the machinery. In today's video we see if there are any lessons investors can learn from the story of John Ernst Worrell Keely. Book Link: Voodoo Science by Robert Park: https://amzn.to/3BrKTsc Patrick's Books: Statistics For The Trading Floor: https://amzn.to/3eerLA0 Derivatives For The Trading Floor: https://amzn.to/3cjsyPF Corporate Finance: https://amzn.to/3fn3rvC Patreon Page: / patrickboyleonfinance Visit our website: www.onfinance.org Follow Patrick on Twitter Here: / patrickeboyle Patrick Boyle On Finance Podcast: Spotify: https://open.spotify.com/show/7uhrWlD... Apple: https://podcasts.apple.com/us/podcast... Google Podcasts: https://tinyurl.com/62862nve Join this channel to support making this content: / @pboyle
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