FYI: Jesse Livermore once said, “Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”
In other words, humans are the one constant in the markets and human nature doesn’t change.
Regards,
Ted
https://awealthofcommonsense.com/2019/01/who-owns-all-the-stocks-bonds/
