Hvis man er historie-interesseret, saa er det her indlaeg maaske af interesse.
Jeg laeste for nogle uger siden bogen 1929 af Andrew Ross Sorkin om krakket i oktober 1929 og efterfoelgende Galbraiths bog om samme efter anbefaling herinde. Tak for anbefaling @Cactus.
Jeg har lavet en interaktiv kurs-graf for perioden 1928-1934, hvor avisforsider vises, naar man foerer musen over udvalgte punkter.
Grafen ses bedst paa en stor skaerm og ikke paa mobil.
https://midgardfinance.com/1929/
Jeg sendte det til Sorkin, og han syntes, at det var "very cool", saa nu toer jeg godt dele det herinde.
Noget jeg synes, der er tankevaekkende og tragikomisk, er den vedvarende optimisme hele vejen fra 1928 hen over toppen i 1929 til bunden i 1932, hvor bank-systemet naermest kollapsede. Det minder mig lidt om det meme med hunden i det braendende hus. Det er beskrevet meget bedre i Sorkins bog, men nedenfor et par udvalgte overskrifter:
1928-01-08 COOLIDGE'S OPTIMISM GIVES STOCKS A LIFT
1928-03-25 MOTORS RISES TO 192 ON RASKOB OPTIMISM
1929-10-22 FISHER SAYS PRICES OF STOCKS ARE LOW
1929-10-23 MARKET GLOOM LESSENED; ...Mitchell's Optimistic Statement Help Rally
1929-10-25 BROKERS IN MEETING PREDICT RECOVERY
1929-10-26 CAUTION ADVISED BY STOCK BROKERS; ...Warn Against Hysterical Selling...
1929-10-30 BANKERS OPTIMISTIC, TO CONTINUE AID
1929-10-31 ROCKEFELLER BUYS, ALLAYING ANXIETY
1929-11-08 WALL ST. MORE CHEERFUL
1929-11-16 T.W. LAMONT SEES MARKET AS NORMAL
1930-01-01 BANKERS FORECAST GRADUAL RECOVERY
1930-01-02 OUTLOOK IS BRIGHT IN FINANCIAL REVIEW
1930-10-01 OPTIMISM RULES MARKET
1931-01-01 LAMONT FORECASTS UPTURN IN BUSINESS
1931-06-23 WORLD PRICES SOAR ON DEBT OPTIMISM
Maendene naevnt i overskrifterne ovenfor:
https://en.wikipedia.org/wiki/Calvin_Coolidge
https://en.wikipedia.org/wiki/John_J._Raskob
https://en.wikipedia.org/wiki/Irving_Fisher
https://en.wikipedia.org/wiki/Charles_E._Mitchell
https://en.wikipedia.org/wiki/John_D._Rockefeller
https://en.wikipedia.org/wiki/Thomas_W._Lamont
Hvis man vil laese mere, saa er her nogle gode steder at starte:
https://en.wikipedia.org/wiki/Wall_Street_crash_of_1929
https://en.wikipedia.org/wiki/Great_Depression
https://en.wikipedia.org/wiki/1933_Banking_Act
https://www.federalreservehistory.org/essays/great-depression
https://www.federalreservehistory.org/essays/stock-market-crash-of-1929
https://www.federalreservehistory.org/essays/emergency-banking-act-of-1933
Det er sjovt, hvordan radio og biler dengang svarede lidt til nutidens AI og robotter. Soelv-priserne var i oevrigt ogsaa hoeje dengang.
As A.I. Companies Borrow Billions, Debt Investors Grow Wary
https://www.nytimes.com/2025/12/26/business/ai-debt-investors.html
Something Ominous Is Happening in the AI Economy
https://www.theatlantic.com/economy/2025/12/nvidia-ai-financing-deals/685197/
Global economy: If a triple bubble looms, can we survive a triple burst?
https://www.weforum.org/stories/2025/11/triple-bubble-ai-cypto-debt/
"History doesn't repeat itself, but it often rhymes." - Mark Twain
Anbefaling af bogen 1929 af Andrew Ross Sorkin
https://proinvestor.com/boards/129906/
Jeg laeste for nogle uger siden bogen 1929 af Andrew Ross Sorkin om krakket i oktober 1929 og efterfoelgende Galbraiths bog om samme efter anbefaling herinde. Tak for anbefaling @Cactus.
Jeg har lavet en interaktiv kurs-graf for perioden 1928-1934, hvor avisforsider vises, naar man foerer musen over udvalgte punkter.
Grafen ses bedst paa en stor skaerm og ikke paa mobil.
https://midgardfinance.com/1929/
Jeg sendte det til Sorkin, og han syntes, at det var "very cool", saa nu toer jeg godt dele det herinde.
Noget jeg synes, der er tankevaekkende og tragikomisk, er den vedvarende optimisme hele vejen fra 1928 hen over toppen i 1929 til bunden i 1932, hvor bank-systemet naermest kollapsede. Det minder mig lidt om det meme med hunden i det braendende hus. Det er beskrevet meget bedre i Sorkins bog, men nedenfor et par udvalgte overskrifter:
1928-01-08 COOLIDGE'S OPTIMISM GIVES STOCKS A LIFT
1928-03-25 MOTORS RISES TO 192 ON RASKOB OPTIMISM
1929-10-22 FISHER SAYS PRICES OF STOCKS ARE LOW
1929-10-23 MARKET GLOOM LESSENED; ...Mitchell's Optimistic Statement Help Rally
1929-10-25 BROKERS IN MEETING PREDICT RECOVERY
1929-10-26 CAUTION ADVISED BY STOCK BROKERS; ...Warn Against Hysterical Selling...
1929-10-30 BANKERS OPTIMISTIC, TO CONTINUE AID
1929-10-31 ROCKEFELLER BUYS, ALLAYING ANXIETY
1929-11-08 WALL ST. MORE CHEERFUL
1929-11-16 T.W. LAMONT SEES MARKET AS NORMAL
1930-01-01 BANKERS FORECAST GRADUAL RECOVERY
1930-01-02 OUTLOOK IS BRIGHT IN FINANCIAL REVIEW
1930-10-01 OPTIMISM RULES MARKET
1931-01-01 LAMONT FORECASTS UPTURN IN BUSINESS
1931-06-23 WORLD PRICES SOAR ON DEBT OPTIMISM
Maendene naevnt i overskrifterne ovenfor:
https://en.wikipedia.org/wiki/Calvin_Coolidge
https://en.wikipedia.org/wiki/John_J._Raskob
https://en.wikipedia.org/wiki/Irving_Fisher
https://en.wikipedia.org/wiki/Charles_E._Mitchell
https://en.wikipedia.org/wiki/John_D._Rockefeller
https://en.wikipedia.org/wiki/Thomas_W._Lamont
Hvis man vil laese mere, saa er her nogle gode steder at starte:
https://en.wikipedia.org/wiki/Wall_Street_crash_of_1929
https://en.wikipedia.org/wiki/Great_Depression
https://en.wikipedia.org/wiki/1933_Banking_Act
https://www.federalreservehistory.org/essays/great-depression
https://www.federalreservehistory.org/essays/stock-market-crash-of-1929
https://www.federalreservehistory.org/essays/emergency-banking-act-of-1933
Det er sjovt, hvordan radio og biler dengang svarede lidt til nutidens AI og robotter. Soelv-priserne var i oevrigt ogsaa hoeje dengang.
As A.I. Companies Borrow Billions, Debt Investors Grow Wary
https://www.nytimes.com/2025/12/26/business/ai-debt-investors.html
Something Ominous Is Happening in the AI Economy
https://www.theatlantic.com/economy/2025/12/nvidia-ai-financing-deals/685197/
Global economy: If a triple bubble looms, can we survive a triple burst?
https://www.weforum.org/stories/2025/11/triple-bubble-ai-cypto-debt/
"History doesn't repeat itself, but it often rhymes." - Mark Twain
Anbefaling af bogen 1929 af Andrew Ross Sorkin
https://proinvestor.com/boards/129906/
I oevrigt er der ikke noget volumen-data under grafen for 1929. Det ser ud til, at man foerst begyndte at registrere volumen i 1930.
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Ikke direkte relateret, men hvis man aldrig har laest dette skriv fra oktober 2008 fra Warren Buffett, saa kan det anbefales:
Buy American. I Am.
https://www.nytimes.com/2008/10/17/opinion/17buffett.html
"Let me be clear on one point: I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month or a year from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over."
Det kunne vaere sjovt at lave en lignende graf for finans-krisen. Saa kan man goere det med videoer i stedet for med avis-forsider.
---
Jeg er forresten selv naesten fuldt investeret i aktier. Jeg aner ikke, om markedet krakker i 2026.
---
Ikke direkte relateret, men hvis man aldrig har laest dette skriv fra oktober 2008 fra Warren Buffett, saa kan det anbefales:
Buy American. I Am.
https://www.nytimes.com/2008/10/17/opinion/17buffett.html
"Let me be clear on one point: I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month or a year from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over."
Det kunne vaere sjovt at lave en lignende graf for finans-krisen. Saa kan man goere det med videoer i stedet for med avis-forsider.
---
Jeg er forresten selv naesten fuldt investeret i aktier. Jeg aner ikke, om markedet krakker i 2026.
