Video of Wall Street Week (after 87 crash)

[Guest]

It's interesting watching thesevideos. You can really see how history may not repeat, it certainly does rhyme.

 

http://www.ritholtz.com/blog/2012/10/after-the-crash-louis-rukeyser-wall-street-week-oct-23-1987/

[Green King]

so they been talking about non human back than too.

 

Thanks

[hyten1]

i was just curious, anyone every read anything about what buffett was doing/thinking during the 87 crash?

 

i don't recall reading any reference to it, i wonder if its just me being uninform

[Kraven]

i was just curious, anyone every read anything about what buffett was doing/thinking during the 87 crash?

 

i don't recall reading any reference to it, i wonder if its just me being uninform

 

It's discussed in his biographies.  If memory serves, he was largely out of the market by that point except for the "permanent" holdings.  After the crash he did what he does best.  He went back to work and started scooping things up once there were bargains to be had.  His reaction was very much the same as it was in 1974 and 2008.