Friday, October 10, 2008

History of the Nikkei bubble

I'll have to keep short as I've got a few Friday meetings to run off to. Gosh do I hate Friday meetings. They are sacrilegious.

Anyway, I was reminded recently that the Japanese Nikkei index is only 1/3 of what it was 19 years ago. Take a look at this graph if you don't believe me. That's a bit scary given the current market meltdown.

This all being said, I'm still buying. That can't happen again can it?

No comments: