Amazingly enough, after the concern about another Black Monday, the 1987 drop's anniversary today hasn’t generated much media attention. It’s almost like it never happened.

As a long-term investor, you might argue that it

shouldn’t be remembered, that it was just another pullback that didn’t mean anything in the long run. That makes sense, but those who were there certainly remember that it did mean something—something very scary—at the time.

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