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9: Why financial history matters, with Ben Carlson of Ritholtz Wealth Management

Onward, a Fundrise Production

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How Did You Live Through the 2008 Financial Crisis?

I didn't realize how much of a parallel experience we had. I think sometimes these experiences can lead you down to two different paths. And so understanding the pain that can be felt in financial markets and how disbearding it can be, I think it was really helpful for me to see both sides of that coin. Obviously, you saw these huge returns coming off of the bottom of the crisis, but you had to live through 18 months of hell to get there. It's like the pandemic as well. People who didn't live it, it was hard to see it as scarring because afterwards, prices went up so much.

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