What Went Wrong by John Train

with forward by Kenneth Lubbock

The following article by John Train, originally published by the CFA Research Institute, was written after the 2008 crash. It serves up a deeper warning than about any specific stock market activity but is addressed to our collective attitude.

Copyright 2009, CFA Institute Research Foundation. Reproduced and republished from Insights into the Global Financial Crisis (Full Book) | CFA Institute Research and Policy Center with permission from the CFA Institute Research Foundation. All rights reserved.