"This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan... that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years." -- W. McNeel, market analyst, as quoted in the New York Herald Tribune, Oct. 30, 1929
Food for Thought -
| Source: | http://www.whatreallyhappened.com/ |
| Published: | Oct 16, 2019 |
| Author: | staff |
| Post Date: | 2019-10-16 20:00:34 by Horse |
| Views: | 81 |
#1: Lod To: Horse (#0)
from Wiki ~ During the Great Depression, Kennedy vastly increased his fortune by investing most of his money in real estate. In 1929, Kennedy's fortune was estimated to be $4 million (equivalent to $58.4 million today).[9] By 1935, his wealth had increased to $180 million (equivalent to $3.29 billion today).
Lod posted on 2019-10-16 21:45:39 Reply Private Reply
#2: Horse To: Lod (#1)
Horse posted on 2019-10-17 06:36:41 Reply Private Reply