Risk of Ruin cover image

From Blackjack to Black Monday

Risk of Ruin

CHAPTER

Is This a Major Panic?

In 1987, Blair's initial $25,000 had grown into millions. The crash started in Asia and then the dominoes fell as each market opened across the globe. Game stocks couldn't even trade for hours because there were no buy orders. "I just made a decision that in a complete panic, one should go opposite to the panic"

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