Mr. Leonard: Many people were “buying on margin,” meaning they were taking out loans and using that money to invest in stocks because they didn’t have enough cash to invest… Tim: Well, they probably shouldn’t have done that, right? Zeno: That does seem very risky… Mr. Leonard: It definitely is risky, but they wouldn’t have done it unless they were very Confident… Some would say they were Overconfident… Link to Full Video (The Worst Stock Market Crash In U.S. History): https://youtu.be/W3X9AUtesXo CONSCIOUS MONEY SCHOOL - TEACHING FINANCIAL LITERACY THROUGH COMEDY... ENJOY! SUBSCRIBE TO THE MAIN CONSCIOUS MONEY SCHOOL CHANNEL: https://www.youtube.com/channel/UCrghLCYl0ZNyvQnrW48FHSA