The ARK fund is down substantially and many of the high growth names in the NASDAQ are down over 50%. You know, when you look at when things blow up and when people do get financially mortally wounded, to me it's always the same things. It's over leverage, overexposure and illiquidity. And I've actually had this happen where I am ordered to liquidate a portfolio at a bottom and I am not to reinvest it.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode