Adventures in Finance 38 - Black Monday: First Hand Accounts of the 87 Crash
Real Vision: Finance & Investing
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Prelude to Panic: The 1987 Market Crash
This chapter explores the rise and ultimate failure of portfolio insurance as a hedging strategy leading up to the 1987 market crash. It captures the tension of traders and investors navigating the chaotic atmosphere of Black Monday, marked by panic selling and geopolitical tensions. Through personal accounts and insights, it highlights the emotional and financial stakes involved in one of the most significant market events in history.
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