The Wall Street Journal published an insightful article earlier this week, profiling 3 investors who survivied the Great Depression, and continue to actively invest and manage funds today.
For what it’s worth, all 3 seem to scoff at the idea that we are in for a repeat of the Great Depression today. One guy sites the diversity of today’s US economy, compared with a small handful of industries that drove most of the economy during the Depression, as a big difference.
My favorite profile is the first guy, who still goes into the office everyday at the ripe young age of 103.
Man, and I got sick of office life at the age of 25!