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Listen "The Stock market Crash of 1929"
Episode Synopsis
In this podcast we discuss the event of the 1929 stock market crash, its causes, and some of its aftermath.
This crash caused the creation of the SEC, FDIC and other protections for the US Consumer.
Speculation and greed caused the stock market crash of 1929, as well as most other large stock market crashes. What goes up, usually comes crashing down when it is built on a weak foundation!
As Warren Buffet says, "Be fearful when others are greedy and be greedy when others are fearful!"
This crash caused the creation of the SEC, FDIC and other protections for the US Consumer.
Speculation and greed caused the stock market crash of 1929, as well as most other large stock market crashes. What goes up, usually comes crashing down when it is built on a weak foundation!
As Warren Buffet says, "Be fearful when others are greedy and be greedy when others are fearful!"
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