Great Depression public equities

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 9, 2024 by David Senra · across every show →

Everything said about Great Depression public equities, oldest first

Jul 9, 2024 bullish
Assertion Supported
During the Great Depression, public shares traded at 1/20th of asset value
“There were shares selling for as little as a 20th. Of their net underlying asset value. That means anyone who purchased them was in effect buying 20 dollars for every dollar he spent.”
David Senra Jul 9, 2024 ▶ 41:03 J. Paul Getty: The Richest Private Citizen in America
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