Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2020-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Dow Jones Average Closed at 38117 on September 3, 1929

On September 3, 1929, the Dow Jones average closed at 38117. People were very happy, and buying stocks on margin had worked wonderfully. And then, of course, if we'll move to the next slide, we'll look at what happened in the couple of months after September 3. The Dow Jones average almost got cut in half.

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