Julian Robertson and the Crash of 1987

[Liberty]

Nice piece on Julian Robertson and the crash of 1987:

 

https://www.insecurityanalysis.com/writing/2018/12/18/a-test-of-conviction-julian-robertson-and-the-crash-of-1987

[Spekulatius]

You can buy MS for book value today :-)

[Williams406]

Thanks, Liberty. I really get a lot out of these sort of retrospectives in market history showing what real-world investors said and did during crises.