Quote
Virtually all investors know that the worst stock market crash in history, the crash of 1929, was in large part caused by people buying on margin - borrowing money to buy stock.
As stock prices fell, such investors needed to dump their holdings quickly, as they were losing money they didn't really have. The panic selling triggered even more panic selling.
As stock prices fell, such investors needed to dump their holdings quickly, as they were losing money they didn't really have. The panic selling triggered even more panic selling.
Always bloody panic sellers whatever the industry.
PS The face on that gif needs to be upset/angry on the way down
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