July 14, 2024

txinter

Expect exquisite business

What we learned from the 2008 global financial crisis

Transcript

Tim Buckley: I search back again at 2008‒2009, and I try to remember people panicking—investors I respected. Some of them have been obtaining out on March nine, 2009. They could not take care of it anymore, and that’s just when the markets took off. No a single experienced predicted that. You generally have to try to remember the markets are forward-on the lookout, and you do not know when they are going to consider off—just like you do not know when they are going to tumble. So it’s best to be invested than to consider to time it, for the reason that it’s shut to unattainable.

Karin Risi: Which is just correct.