Festival Bubble? How Not to Be a Victim

Joe Kennedy (President Kennedy’s father) made a fortune during the depression, and he claimed that he avoided the stock market crash of 1929 with the help of his shoeshine boy. Had the shoeshine boy learned some inside scoop from one of his high-powered clients that things were about to go sour in the market? No, quite the opposite. His shoeshine boy, financial wizard that he was, had a stock tip for him: a sure winner. That, Kennedy always claimed,...

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