AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
TIP455: Indicators for Crisis Investing w/ Dan Rasmussen
We Study Billionaires - The Investor’s Podcast Network
The Market Isn't Good at Sussing That Out
When things are cheap, or when we're in a recessionary period ad and companies get strapped, you might look at things like distress debt. But what's also true is that if you pass forward a year and you look at the multiples, the stuff people as were excited about that did grow better, their multiples come down. The cheap stuff that didn't grow as much, theirMultiples go up. Bankruptcy risk is not compensated. So going and buying things that look like they're going to go back ankrupt, you're just going to end up with a lot of bankrupt things. Buying the small cheap stuff still pretty good. But buying the small cheapstuff
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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