Oh really? May I suggest a reader for you to find out for yourself what really was behind this crash and what is in store for us on the next one? Try this reader, The Creature from Jekyll Island 1-800-595-6596. It's alot more of an education than anything you were fed in school.
Was your father a broker, in '29, or just a greedy gus, who bought on margin, dear ? Just because he weathered THAT particular storm, doesn't mean that he is an " expert ". :-)
My father lost all his gold investments in the market crash thanks to commie traitor FDR who had the banks closed down from March 6-9 of 1933 known as the Bank Holiday Act. Everybody's gold was confiscated from the bank and vaults on the weekend. I'm talking about gold, honey. The real lawful money and not the funny money you tote around these days. No, he was not an expert but he was a true American who believed in the American dream. And with not even a high school diploma this man started his own company. I'm proud of my father as his Italian roots were deeply rooted in making money the independant and self-reliant way. You don't make money working for somebody else.
I would give you a book list ; however, you wouldn't read / belive any of it. So, I shall just tell you, that , unlike you and your father, I know an " expert " ; been married to him for 35 + years. I also know the stories about the Crash of '29 from my own family , as well. On top of all of that, I did learn about it in school, and have done extensive reading about it, as an adult. You are not only 100 % incorrect, you are gullible.
I know ALL about what FDR did. Do you imagine, that YOU are the ONLY one who doesn ? That's laughable, to the nth degree. Oh, and FYI ... what happened in 1933, had NOTHING , whatsoever, to do with a Market bubble, filled with people buying on margin, which was what fuelled THE CRASH ! The '87 " crash " was fuelled by "programs ", and not over extended margin calls, made to a vast majority of people, who had no business being invested in the Market anyway. Just a little " insider " info, my dear.
Now, as far as your silly goldbuggery goes, you'd actuallay do far better, if you had been invested in diamonds. The Hunt brothers' lamentable silver snatch, of a few decades back, didn't work out all that well, and neither has gold done as well ; for all of your silly rant about " funny money ".
You are the LAST person, whom I would take " advice " from. Be proud of your father ; however, I don't need a lecture about entrepenurial matters , from you nor him. I shan't talk about me , or mine; just say that you don't have any idea to whom you're writing your drivel to, so don't assume anything about others. LOL