When it comes to financial crashes, we cannot leave out the largest single day drop that we have seen from the stock market, which happened on Black Monday in 1987. We have seen many a stock market crash in our lifetimes, but this one was swift and extreme. Crashes like this are important to study and learn from, as they will ultimately make us better overall investors. As scary as it may sound to lose 22%+ in a single day, crashes inevitably have turned into opportunities over the long-term. Today, we will discuss:
1. What Black Monday Is
2. Algorithmic trading, flash crashes, and circuit breakers
3. Lessons to be learned from Black Monday
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