

#104 Simon Ree – How To Beat The Next Recession
Simon Ree is a best-selling author, options trader and senior finance and investment professional with over 28 years of experience with leading global investment banks including Goldman Sachs, Citibank, and Credit Suisse.
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(00:00) Partnership: KS Media
(01:42) Introduction
(04:26) How has investing changed since 2021?
(06:45) Why have the markets tanked?
(09:00) Single stock risk & dollar cost averaging
(13:50) Simon's huge losses from 2008's recession
(17:32) Comparison between 2008 vs. 2022 recession
(22:30) How long will the recession last?
(24:52) What are the biggest challenges of recessions?
(26:10) Where is the opportunity in trading now?
(29:23) Where is the best place to start when trading?
(31:38) Expectations vs. reality of beginning traders
(33:50) Financial stress dulls life experiences
(36:50) Daily routines, journalling & visualisation
(39:50) Life lessons from stressful events
(42:52) What creates a life of abundance?
(45:20) Showing up every day & consistency
(48:56) The issue with trying to become the best
(51:00) Practising minimalism & avoiding the noise
(57:17) Becoming an entrepreneur & providing value
(01:01:09) How to start a service-based business
(01:06:42) Now is the best time to get started
(01:11:40) Commodity & crypto markets
(01:14:35) Career advice for young professionals
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