Ten years ago, the Great Recession was brewing. Memory is short, and many people who are now adults may not remember its gravity, so it behooves us to think about a few lessons we've learned through the years. Though we can't predict exactly when, history shows that financial crises will recur; they have have long tails on both ends, so they build slowly before they hit, then the long recovery after makes it difficult to forecast the next events.

In this Three Things video, Darden Professor and Dean Emeritus Robert Bruner discusses how we know crises will recur and how we can personally prepare for them.

About the Expert

Robert F. Bruner

University Professor Emeritus; Distinguished Professor Emeritus of Business Administration; Dean Emeritus

Bruner is an expert on mergers and acquisitions. He’s written two books on the subject, Deals From Hell: M&A Lessons That Rise Above the Ashes and Applied Mergers and Acquisitions, which have helped countless students and business people deal with the complexity of mergers and acquisitions. His business expertise is wide-ranging; he’s well-versed in corporate finance, financial crises and bank panics, corporate valuation, enterprise leadership and management education. He is co-author of Case Studies in Finance: Managing for Corporate Value Creation, currently in its eighth edition.

Bruner comments on life, business and current events in his blog. He also tweets on his Twitter account.

B.A., Yale University; MBA, DBA, Harvard University