Great video of economist Irving Fischer talking stocks after the crash of 1929:
- Economist Professor Irving Fischer explains that the stock market crashed due to high expectations - not high stock prices. Too many speculators were playing the stocks with borrowed money, resulting in a run on the banks. 80 years later, the banks are speculating with borrowed money and investors are running away from them.
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This is generally never true. Before buying or selling any stock you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.
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