Nearly a century ago, after years of investors on a champagne high and warning signs ignored, a stock market crash led to a descent into a global depression. Andrew Ross Sorkin, a New York Times financial journalist and author of the bestseller 1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation, joins GoodFellows to discuss how the events of 1929 resonate to this day, what’s misunderstood about the fabled crash, whether Herbert Hoover (only seven months into his presidency when disaster struck) gets a fair shake, plus what the future holds for Federal Reserve independence, the bidding war for Warner Bros. Discovery, and Wall Street’s relationship with Washington. After that: The three fellows look back on 2025 with their choices for individual of the year, the most significant or ignored stories, what they learned in 2025, plus predictions and resolutions for the new year. Finally, a surprise visit by Hoover Institution visiting fellow Kris Kringle, who asks the panel for its holiday wishes (oddly enough, H.R. is never around when jolly old St. Nick shows up). Recorded on December 16, 2025. Watch previous episodes of GoodFellows by visiting: https://www.hoover.org/publications/goodfellows?utm_source=youtube&utm_medium=description&utm_campaign=gf_youtube&utm_content=12172025 __________ The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2025 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: @HooverInstitution 👍 Like and share this video! 🌐 Follow us on social media: • Facebook: https://www.facebook.com/HooverInstStanford • LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university • Instagram: https://instagram.com/hooverinstitution • TikTok: https://www.tiktok.com/@hooverinstitution • X: https://www.twitter.com/HooverInst