2min chapter

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Is a Recession Bullish For Tech Stocks? (EP.248)

Animal Spirits Podcast

CHAPTER

How Much Does It Feel Like to Lose 50 %?

Since february two thousand 21, door dash and the competab grub hopper, down 70 % or so. If you're an employ of one of those companies, in your head, you're marking it down 50%. That's why this kind of thing is so difficult. And everyone who's emaled us has said, listen, i have the stomach for volatility. I can handle it. It's tough, especially if markets are exceedingly atility. The voatility on these things kills you too, because ofthe way they're structured.

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