People with deep pockets can often ride-out specific losses and get much richer in recessions and depressions. Something about buying low and selling high. Its not JUST intelligence/willingness/superiority on their part. Smaller fish have assets tied-up in investments they can't afford to drop at bottom of market, or they sell and take terrible losses. Not everybody is so liquid.Originally Posted by Scott Campbell
A lot of fortunes were made in the Great Depression.