3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH017: Fidelity Legend Joel Tillinghast

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Are You Trying to Make Money Off These Macro Predictions?

I think if you spend all your time trying to do it like George Soros that you can't do that, but it's beyond my skill set and I think it's very difficult generally. So as part of the moral, just the almost all of us, unless we happen to be George Soros or Stanley Druckenmiller or someone like that, we should just avoid trying to make money off these macro predictions. And right now we have an impending profit recession and analysts come to me saying, are you interested in buying the homebuilders? Are youinterested in buying meta the old Facebook?"

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