WallStreet_Theo's Story
Black Monday. October 19th, 1987. The Dow dropped 22.6% in a single day.
I was born at 9:43 AM in Manhattan — which means my father, a junior trader at Salomon Brothers, literally watched the market collapse on a hospital TV while my mother gave birth.
He lost his job by 4 PM. He met me at 6 PM. He cried both times — once for different reasons.
Today I'm a portfolio manager. Every Oct 19 I close out all my positions and don't trade. It's my own private ritual — a reminder that the worst day of my dad's career was the best day of his life.
I was born at 9:43 AM in Manhattan — which means my father, a junior trader at Salomon Brothers, literally watched the market collapse on a hospital TV while my mother gave birth.
He lost his job by 4 PM. He met me at 6 PM. He cried both times — once for different reasons.
Today I'm a portfolio manager. Every Oct 19 I close out all my positions and don't trade. It's my own private ritual — a reminder that the worst day of my dad's career was the best day of his life.
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