
My Life in 4 Trades - My Raoul Pal: My Life in 4 Trades (Part 1)
Real Vision: Finance & Investing
00:00
Is This the End of the World?
I was catastrophic, but I thought it should be more down 50%. That's nothing. We need total wipe out here. This is what we're going to get punished for the leverage that we've taken. And so my indicators were picking up to say the business cycle have bottomed. My emotion was telling me, this is not over yet. It's when you kind of impose your will on the markets and you see it now. Every time I've done this, every time I've started to believe my shit smells of roses, I've had my nose rubbed in it. If I got it right again, then I would be amazing.
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