What investors can learn 25 years after Black Monday

The Motley Fool
Black Monday
Black Monday

Can you imagine a 15-year bull market? It isn't easy these days, but they do happen. There was one between 1974 and 1987. It came to a violent end 19 October 1987, when share prices fell 20% in a day.

We call that day Black Monday, and we're now approaching its 25th anniversary. That seems a long time ago now, especially with investors still reeling from a more recent and enduring market meltdown. But we can still learn a lot from that increasingly distant event. Such as...