Crashes, Booms, Panics, and Government Regulation

Summary

Financial markets have an impressive history of gains and progress for prudent and judicious investors. But these advances are often interrupted by powerful and sudden setbacks or forward lurches. What is it about investment psychology, and the structure of financial markets, that causes this? How should we react to short term gyrations that can excite or frighten? And what is the role of government regulation in stabilizing financial markets?

Secrets of the Great Investors Series is a collection of audio presentations that explain, in understandable language, the strategies and principles that have produced great wealth. History’s greatest investors used powerful investing philosophies to produce superior results, and we can learn from their successes and mistakes.