Andrew Ross Sorkin
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay, so because people can borrow, it just floods the stock market for 10 years or nine years.
Nine years.
And the market's going up like crazy.
Yeah, you say between 1928 and 1929, it goes up 90%.
This is a remarkable situation.
I have them, but my goal is always to not look at them.
It's a personal failure for me if I pick them up, but they are there in case I need them.
So interesting.
Okay, so it goes up by 90%.
Yeah.
Which is crazy.
My question, though, what was the growth between 1920 and 1929?
Crypto is a good comp because it's unregulated in the same manner that in 1929 it was hardly regulated.
But you have this enormous growth.
Everyone's getting in on it.
Crazy timing, right?
Winston Churchill happens to be visiting... Is that the most wild thing?
Yes.
He's visiting the New York Stock Exchange on the day it's plummeting.
What, October 28th?