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If this article isn’t this, I don’t know what is. I don’t know why people aren’t more dumbfounded that the market is at all time highs when the world is dying
by JohnJamesRambo 6y ago
If this article isn’t this, I don’t know what is. I don’t know why people aren’t more dumbfounded that the market is at all time highs when the world is dying and no one has worked for a year.
> As the story goes, one day in 1929, Joe Kennedy is getting his shoes shined. The boy began to give stock tips as he polished Kennedy's oxfords. In that moment, it struck Joe that he needed to leave the market. He reasoned, famously, if shoeshine boys have an opinion on stocks, the market is clearly, dangerously popular. Supposedly, he pulled out not long before the stock market crash that led to what we know today as the Great Depression.