In my last post I wrote about the history of melt-ups in the stock market.
This chart tells the story.
Each of these melt-ups led to a meltdown.
You’ll notice there’s a rather large gap between the 1930s and 1980s.
Were there no face-rippers in this time frame?
I thought about adding the Nifty Fifty stocks in the early-1970s but there wasn’t an index or fund for these one-decision stocks back then so th…