February 9, 2020

In pictures: A historical perspective on the Great Depression, the market rally and the crash of 1929...must read for all investors

When we look at events in the past, we assume whatever happened was inevitable and we get surprised how others could not see the obvious. But if you see the notes and articles written at "that" time, one can imagine the joy and sorrows, the frustrations alternating with boundless optimism.

Here is a nice write up with screenshots of newspapers from the US showing the historical perspective from the 1920s to the rally of the lifetime followed by the crash in 1929.

Always remember

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria

All above explained with newspaper screenshots and captions

Read more at https://www.collaborativefund.com/blog/history-is-only-interesting-because-nothing-is-inevitable/

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