Today In 1929
was Black Thursday. For those who are historians, Black Tuesday was October 29th. The market was decimated with some stocks down 90% in a single day.
For those who believe it's safer to buy assets in a market that has already fallen substantially, I'll remind you of a prior remark - it's just as easy to lose 90% of your money after the market has already fallen 90%. And, we have a substantial amount of proof points in the last year in support of this fact.
For those who believe it's safer to buy assets in a market that has already fallen substantially, I'll remind you of a prior remark - it's just as easy to lose 90% of your money after the market has already fallen 90%. And, we have a substantial amount of proof points in the last year in support of this fact.
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