Greed never goes away: Nithin Kamath reflects on market manias, citing crash lessons from 1929

Zerodha co-founder Nithin Kamath has drawn parallels between historic market crashes and the current investment climate, reminding traders that every boom-and-bust cycle has one common driver: human greed. In a post on He quoted US President Herbert Hoover’s comment at the time: ‘The only problem with capitalism is the capitalists. They’re fucking greedy.’ Kamath used […]