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Bulls, Bears and Financial History: Can traders, young people and others learn from the past?

Traders Magazine, January 2003

Gregory Bresiger

Those who don't learn from history are doomed to repeat its harsh lessons. And those who don't comprehend the benefits of an institution, such as a free market, are likely to lose it. Those sentiments were some of the factors in the founding of the Museum of American Financial History, which began the year after the crash of 1987. It was a crash that was caused in part because investors forget - or maybe never learned - about the history of markets.

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