As the stock market jitters wildly and the media speculates dire straits, we take comfort in this piece from Jeremy Siegel’s seminal book, Stocks for the Long Run, an essential reference for anyone wanting to understand investing. It’s the memo that brokerage firm Dean Witter issued to its clients on May 6, 1932 after stocks plummeted 85 percent from their 1929 high.
Read Morewhat to do when someone’s in trouble
The other day, I ran into my neighbor Matthew Sporzynski in the elevator. When he asked how I was doing, I let slip that I was on my way to way to have a scary test to check out my heart. “I’m sure it’ll be fine” I said, betraying my nervousness. After several hours of…
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