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The secret of the great wall movie3/28/2024 ![]() ![]() ![]() One summer, his father took him to Europe, and the web of foreign currencies gave him a tactile sense of interconnectivity and the oscillations that might come of it. Not long afterward, mutual funds, along with the broader stock market, abruptly crashed.Īrmstrong began to observe that many things worked like this-that occasionally a contagion, of indeterminate origin, passed through the system, hitting one asset class after another. Illustration by Jonathon RosenĪrmstrong’s father, a lawyer and polymath whose grandfather had lost a fortune in the 1929 crash, disapproved of speculation, and he persuaded his son to put his diminished fortune in a fashionable but conservative investment vehicle called a mutual fund. Some see mysterious links between pi and the dates of turning points in the markets. ![]()
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