--- type: "Topics" locale: "zh-HK" url: "https://longbridge.com/zh-HK/topics/39424907.md" description: "Roy Neuberger (1929 Great Depression) - Background: The US stock market plummeted by 89%, countless people went bankrupt.​- Operation: Detected abnormal stock prices, decisively hedged and managed risks.​- Result: Preserved all principal; had no losing year in his 68-year investment career.​- Logic: Don't bet on a single direction; use tools to lock in principal." datetime: "2026-03-21T12:37:42.000Z" locales: - [en](https://longbridge.com/en/topics/39424907.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39424907.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39424907.md) author: "[浩浩荡荡](https://longbridge.com/zh-HK/profiles/19784218.md)" --- > 支持的語言: [English](https://longbridge.com/en/topics/39424907.md) | [简体中文](https://longbridge.com/zh-CN/topics/39424907.md) # Roy Neuberger (1929 Great Depression) - Background…