Kenny Polcari - A Brief History of the NYSE Pt I 1980 - 1987 episode artwork

EPISODE · Jun 10, 2021 · 28 MIN

Kenny Polcari - A Brief History of the NYSE Pt I 1980 - 1987

from Shares for Beginners

So, I’m searching around for my next guest and I come across this guy, Kenny Polcari. I’m looking at this guy and I’m thinking – he’s been on the New York Stock Exchange for like 40 years. He might know a thing or two. I normally try and keep interviews to 30 minutes but after 30 minutes we hadn’t even reached 1987. I love war stories and Kenny’s been there on the frontline on a bayonet charge through the markets. We’ve decided to record 4 episodes to chronicle this extraordinary story. Next episode will be about the Black Monday Crash of 1987 through to the tech boom, Y2K bug and the year 2000. After that episode we'll take a little break and then come back with 2 more. By the way the movie our failing memories was trying to recall was Wall Street with Kirk Douglas and Charlie Sheen. “Greed is Good”. Here’s some clips: https://youtu.be/-TLCaDbBv_s"I was completely enamoured by what I experienced at the New York Stock Exchange. You have to remember in 1980 there were no computers, nothing, zero. There wasn't even a calculator. There was no television, no radio. There certainly wasn't any internet Yahoo and LinkedIn and Twitter, none of that stuff existed. And when you were on the floor, you were really in a cocoon. You couldn't get information about what was happening in the outside world, because there were no outside sources. I walked into a building that had 5,000 Type A personalities running around screaming and yelling, buying, selling, bidding, offering all of these stocks. I was completely mesmerized from the minute I walked through that door." - Kenny Polcari·    https://www.kacecapitaladvisors.com/ (Company Website)·    https://www.kennypolcari.com/ (Personal Website)Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

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