SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joseph G. who wrote (7734)9/7/1998 1:31:00 PM
From: Wren  Read Replies (1) of 42834
 
One of the things that I have wondered about the 1929 bubble is why so many people stayed in the market.

I know a lot got out. When our kids were young, for several summers we when to Callaway Gardens near Atlanta for vacation. This family resort was built as a labor of love during the Great Depression. A biographer of the builder indicated he had the money because he got out of the stock market before the crash.

Your quotes are enlightening.

The major differences today are continual new money inflows from 401Ks and stricter controls on buying on margin. However, there are a lot of similarities, such as the extremely high PEs that we had this summer.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext