Be Greedy When Others Are Fearful

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 19 October 2022

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Everyone says we are heading towards a recession.

Surprisingly, many are also going into defensive mode right now as well when they could be thinking about investing, business growth, and starting new ventures.

Yes, we may be headed into a market correction soon, but we could be looking at the best time ever to acquire assets at a discounted price.

In this podcast Ryan shares his thoughts on where the market is heading, reflecting on Warren Buffett's famous quote:
"Be fearful when others are greedy,
and greedy when others are fearful."

If you're ready to build a 7-figure business you can sell that doesn't eat up all of your time, watch Ryan's FREE 4-part video series - The Perfect Business
https://www.capitalism.com/perfect/?utm_source=CapPod&utm_medium=podcast&utm_campaign=episode

Transcript

Click on a timestamp to play from that location

0:00.0	The Federal Reserve continues to raise interest rates.
0:06.0	And now people like Jamie Diamond, Paul Tudor Jones, and even the ever optimistic Kathy Wood are saying that we're going to enter into a recession if we're not in one already.
0:17.0	We're going to talk about what that means for your business, for your money, and how you can play this next year or so to become a millionaire or add an extra zero to your net worth.
0:26.4	Already this year, we've seen the crypto market lose trillions of dollars, and Bitcoin and Ethereum
0:31.3	are already down over 80%. The stock market has entered into a bare market, and it is now down to where it was pre-COVID.
0:39.6	So all those crazy COVID gains that we got in the Dow Jones Industrial Average and the NASDAQ, they're gone.
0:45.8	And real estate is finally softening.
0:48.5	We're seeing prices come down, and I think the real estate market is going to fall at least 20%.
0:53.6	I've been saying this for months, and now other people are getting on board.
0:58.2	But I have a different opinion than what most people say about this recession.
1:02.8	And that's that I believe that we are in an asset price recession, not a productivity
1:07.7	recession.
1:08.7	And that's good news for entrepreneurs.
1:10.7	In fact, it might be the
1:12.5	perfect window of opportunity that you've been waiting for to build a million dollar business
1:16.4	and make this next chapter of the economy your time to get rich. Ooh, that sounded hypey.
1:22.7	Everyone says that you should buy low and sell high when it comes to investing. And yet,
1:28.7	almost no one does it.
1:32.6	Most people enter into markets when things are going really, really great.
1:36.4	And when they're not going so great, they say, I'm going to wait for a better time.
1:41.2	So please use this window as your opportunity to get this one right.
1:44.7	I kind of need that advice myself on some of the things I invested in the last couple years, too. Recessions are the best time to start a business, and it's also the best time
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Capitalism.com, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Capitalism.com and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.