By guest contributor Harry Cator, Executive Chairman, DMP Asset Management
Starting in the funds management industry in August 1987, I have had the “fortune” to experience first-hand, perhaps too many crises. Some epic, others significant, plenty just side shows. Listing these provides some context. October 1987 - The Crash (Epic) The largest one-day fall in living memory in the US equity market, -20.5%. It just so happened that the night before, London was hit by a hurricane. This knocked...