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In The Media

Suppose We Sold At The Top

by Larry Chiang on October 13, 2021

July, 1932, the October 1929 crash finally bottomed, down 90%. NYT article at the time noted “Optimism and Pessimism Absent.”  Brokers, bored, played a game with imaginary clients: “Suppose” as in “Suppose I sold my securities at the top – what could I buy now?”

⁦‪@michaeljburry‬⁩ You been posting a lot lately what is that you know that we dont tell us
10/12/21, 12:08 PM

WordPress’d from my personal iPhone, 650-283-8008, that Steve Jobs texted me on

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