4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP459: The Equation for a Meaningful Life w/ Vitaliy Katsenelson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is the Stock Market a Trick Environment?

There's an adage that the stock market is where yousho go during times of inflation. Some companies will be able to grow earnings better than others during the inflation environmentigt, but in general, earnings will grow with inflate. The bad news is that the price to earnings, which is still very high, will contract. When you intustrats are low, youare discounting the future at low intrustrates.

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