Many millennials have essentially been in a bull market for their entire investing careers outside of the March 2020 blip that recovered very quickly. The typical market correction takes on average 18 months, but it can be like a three year grinding your soul every single day. I would not be surprised if 7 to 10 years from now, we are not much higher than where we are today. If you own businesses over the next 80 years, you will do just fine. That is one of probably the most easy sure bets to be making that you're ever going to get in the finance world.
IN THIS EPISODE, YOU’LL LEARN:
00:37 - How encountering Warren Buffett changed Jake’s life.
09:36 - Jake’s motivation for writing The Rebel Allocator.
27:19 - How Jake is positioning his portfolio in these expensive market conditions.
29:42 - Why Berkshire Hathaway’s recent under-performance shouldn’t concern investors at all.
44:42 - What Jake wishes he could go back and tell his 20 year old self.
58:37 - How Jake thinks about holding cash in his portfolio.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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