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Joshua Kennon
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Daily Archives: August 5, 2011

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Worst Single Day Percentage Drops in Stock Market History as Measured by the Dow Jones Industrial Average

Worst Single Day Percentage Drops in the Stock Market as Measured by the Dow Jones Industrial Average

Stock MarketBy Joshua KennonAugust 5, 2011Leave a comment

The media is making a big deal out of the recent stock market drops, acting as if we were living through some sort of new paradigm where stock collapses are unheard of and Wall Street rips off small investors.  The past 200 years have been a fantastic time to be a long-term value investor despite some…

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