Start the conversation
I spent more than 35 years on Wall Street, in the trenches. I built a fortune helping my clients make billions before stepping away to run high-profit trading research services for my subscribers and expose the Street's dirty little secrets.
So believe me when I tell you I've seen a harebrained Wall Street scheme or two: the savings and loan crisis… the "crash-proof" portfolio insurance craze that led directly to the Black Monday market crash in 1987… subprime loans and toxic, mortgage-backed securities in 2008.
Those are just the biggies; there were dozens of other, smaller schemes that didn't crash the entire market – but wiped out plenty of investors.