1987 - Black Monday

Stocks A to Z
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I was listening to the news report after the 1987 crash.

I find these very informative as it gives one the perspective. It is more informative than what you can read in books and AR.

Here is how DJIA looked in 1987/1988. 22% drop. Panic !

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Here is how DJIA looked 5 years later. Painful 5 years but making new highs.

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Here is how DJIA looked 10 years later. What 1987 ?

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Here is how DJIA looked 20 years later. 2009 stands out. 10x returns. The march continues.

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The blip on the bottom left is 1987 crash. How will BRK and S&P500 look in 20 years ?

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Here is Louis Rukeyser talking about the event. Recommend folks to watch it. 10 minutes.

After the Crash - Part 1 - Wall Street Week Oct. 23, 1987 - YouTube

After the Crash - Part 2 - Wall Street Week Oct. 23, 1987 - YouTube

After the Crash - Part 3 - Wall Street Week Oct. 23, 1987 - YouTube

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THAT was a pretty exciting day!

There were frequent updates on the Dow numbers through the day on regular radio news stations.

To me, it spelled opportunity.

Rob
He is no fool who gives what he cannot keep to gain what he cannot lose.

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