the figures relating to Merrill Lynch's clients, and the stocks that they hold - and the decreases in value, is very interesting
mention is made of 1974. i remember it well. two weeks before my 21st birthday, i bought a 2000 shares in mainline corporation. on the very morning of my birthday, the lead story on the news, was the biggest corporate collapse in australian history - mainline corporation went broke. but here is the bright side - a host of other companies collapsed in price, and i bought shares in leighton holdings, at less than 20c; evan deakin industries - at about the same price, and another developer - project corporation. i made good profits on all of them
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