Why Everyone Believed Harshad Mehta (The Psychology of 1992) | Harsh Goela
Автор: Harsh Goela
Загружено: 2026-03-15
Просмотров: 2825
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In 1992, the Indian stock market experienced an unbelievable bull run. The Sensex exploded, and stocks like ACC Cement skyrocketed from ₹200 to nearly ₹9,000. At the center of this absolute madness was one man: Harshad Mehta.
But here is the fascinating truth—retail investors weren't just blindly fooled; they deeply believed in him.
In this video, we go beyond the banking loopholes and Sucheta Dalal's expose to uncover the dark psychology of the 1992 scam. We break down Harshad Mehta's "Replacement Cost Theory," the illusion of extreme wealth (the Worli penthouse and the Lexus LS400), and how media hype created the ultimate FOMO trap for millions of ordinary Indians.
The psychological forces of greed and FOMO that drove the 1992 crash still exist in the market today. Are you investing based on true value, or simply following the crowd?
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