Was Portfolio Insurance at Fault for the Crash?
Lecture no. 51 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 06 min | Categories: The Great Courses Plus Online Economics & Finance Courses
When the market did finally crash after the highs of the late 70s and early 80s, the fallout was worse than that of 1929. Did innovation like portfolio insurance contribute to the disaster?