
Ep 368. Favorite Buffett Lessons, Yield Curve, Inflation, Management Teams, & Matching a Style to Your Personality
Focused Compounding
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Stock Markets
The price of the S&P 500 dropped 20% in a day, but that's because interest rates have been taken down to nothing. If you were correct in predicting interest rates or just moved into the stock pretty fast after realizing what was expected about the market,you could have done pretty well. But on the very long term, though, you'll see it hasn't really paid, you know, for a very long term investor. T hasn't only paid to get in and out. There's not much point.
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