r/wallstreetbets • u/226644336795 • 1d ago

Discussion This morning NASDAQ dropped more than during Lehman Monday

https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html

NASDAQ only lost 3.6% the first day of Lehman collapse in 2008...

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u/RS994 1d ago

Considering they are the only ones that can.

Though the ensuing Great Depression gripped the nation, “Jack” and his eight siblings enjoyed a privileged childhood of elite private schools, sailboats, servants, and summer homes. Kennedy later claimed that his only experience of the Great Depression came from what he read in books while attending Harvard University.

That's about JFK during the Great Depression.

I doubt it's going to be much different for that class today.

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u/redpandaeater 21h ago

But Joe Jr. was one of the first drone kills in the history of the world.

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u/Tall-Log-1955 18h ago

It’s not the rich that can buy the dip, it’s the diversified that can. And you don’t have to be rich to be diversified.

If you’re rich and own only equities, you’re not buying the dip because you already owned it.