MI041: The Simple Path to Wealth with JL Collins (Investing Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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What Causes the Bear Market?
This is the only bear market in my now-long investing career that's been caused by a virus. If someday comes where it truly is different, and the market doesn't recover, you've just witnessed either the end of the U.S., or the end of civilization overall. So it's a great buying opportunity. I'm old enough to actually remember the human missile crisis in the 60s when the US and the Soviet Union were on the brink of all-out nuclear war. Talk about something that would have destroyed. Civilizations certainly destroyed those two countries. What a wonderful time to buy stocks, because they were depressed because of the fear of nuclear war. The world ends, who
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