Confidence in world markets was gone and most wondered if it would ever return.
One man invested his life savings of $10,000 into every stock on the #NYSE that was under $1 a share.
Billionaire Sir John Templeton
Uninterested in consumerism, he drove his own car, never flew first class and lived year-round in the Bahamas.
He also was known for taking profits when values and expectations were high.