Investing in the Great Depression

I can read about what it was like to lose everything during the Great Depression, but I don't have the emotional scars of those who actually experienced it. Studying history makes you feel like you understand something, but until you've lived through it and personally felt its consequences, you may not understand it enough to change your behavior. As investor Michael Batnik says, some lessons have to be experienced before they can be understood. We are all victims in different ways to that truth.