“Mrs. Clare…took to speculating…At the peak of stock prices she might have sold out for close to a million, but she could not let go…and in the end lost everything, even her home…she was in the grasp of the spirit of a mad time, when even men deemed “wise” talked of a New Era.”
Arthur Pound in Atlantic Monthly 1935
Future story of many. Including my husband. That is so damned depressing.
Was Mrs. Clare watching Jim Cramer or Fux Business News at the time?
The Stock Market is gambling.
As in a casino, those who win are the ones that know to get out when on top and quit throwing good money after bad when they’re not.