TheRiskBlog

Blogger and Author Stanley Bing said in his recent video at Fortune, that a crisis like this teaches us many lesssons, but the problem with it is that “everyone of these lessons will be forgotten the minute this crisis is over”
Is that really so?

We can expect to let this crisis behind us sooner or later and after a time of cautiousness, markets will return to normal. But the crisis won’t leave peoples mind easily; at least those who lost a lot in the crisis, either in their personal or with company accounts. If you experienced all the ups and downs of this crisis and the disappearance of Lehman Brothers, you won’t totally forget.
But there will be new players in the markets, those who didn’t trade and invest yet in the time of the crisis. They won’t have this experience. And also there will be people who didn’t lose much during the crisis and who will be glad to be back at “normal” - trying to forget as soon as possible what happend.
And I think in such an environment it is possible, that the same mistakes that led to this will be made again someday.

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