Seeking Alpha

Philipp Benedikt

Around midnight on Sept. 26, 1983 some new USSR satellites detected launches of US nukes, heading towards Russia.

Thanks to Lieutenant Colonel Stanislav Petrov -the responsible person in the USSR's anti-nuclear early detection center at the time- this wasn't the last day in history. He didn't know that the satellites had just mistaken the reflections of sunlight as a missile launch but he thought something like this: 'Why would the Americans send 5 missiles to wipe us out, that doesn't make sense, they have thousands of warheads .'

Even though his protocol would have dictated him to report the 'US missiles' to his superiors, who quite likely would have initiated an immediate counterattack, he didn't . ...More
  • Description: Full-time Investor. Trading frequency: Weekly
  • Interests: Foreign stocks, Tech stocks
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