Lessons still not learned on the 30th anniversary of Black Monday 1987
5 min readOct 17, 2017
Research has proved that European banks have been among the worst performers on the world’s stock markets, and revealed the futility of index investment and ‘buy and hold’ strategies in a digital economy.
Dutch independent researcher Herma Koornwinder, a former global market analyst, studied 58 national indexes and 37 sector indexes to arrive…