How to Invest in Stocks: When to be Greedy
On October 29, 1929, the world witnessed one of its worst economic disasters-the Great Depression. Prior to that moment, euphoria and irrational exuberance percolated throughout the economy. Recovery was painful and slow. Between that period and 2019, there has been a few booms and bust; most recent bust being that of 2008. As we have discussed in the previous video, when perceived reality drifts too far away from objective reality, there is a correction that helps close the gap. This correction creates an opportunity to be greedy. Yes, look back at 2008!