4.6 • 757 Ratings
🗓️ 23 February 2023
⏱️ 37 minutes
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0:00.0 | Welcome to a bonus edition of On the Tape. |
0:04.4 | I am Dan Nathan. |
0:05.3 | I am here with a very good friend of mine, Tony Dwyer. |
0:08.0 | He is the chief strategist at Canacore Genuity, and he is the founder of Dwyer Strategy.com. |
0:15.6 | Tony, welcome back to On the Tape. |
0:17.2 | Dan, it's great to be here. |
0:18.3 | Thanks for having me, buddy. |
0:19.3 | Well, I'm glad we're doing this face-to-face here. You're going to be on CNBC's Fast Money with us later today, and it's interesting. |
0:24.9 | You know, you had a video out on Dwyer Strategy this morning. That's Dwyerstrategy.com, |
0:30.4 | people. And you were talking about landings from a pilot's perspective. Now, just so you know, listener, Tony flew here. He flew here from parts unknown |
0:39.6 | in upstate New York. You are a pilot. How long have you been a pilot for? I've been a pilot since |
0:43.1 | 2013. Yeah, my son and I are both pilots. It's crazy, right? And I remember actually you and your son |
0:48.0 | flew down to the show. This was pre-pandemic. At the time, you were trying to spend more time in upstate New York. You live in a cabin in the woods |
0:55.3 | up there. And so what do you just, do you keep your plane like under a tarp and you just kind of |
0:59.5 | pull it off and you take off in the middle of night and head down to do some Wall Street stuff? |
1:03.8 | Thank God, Dan. There's a hangar that it gets put in. Now, we have a home up in the Adirondex and during COVID, you couldn't do anything. So we spent a lot of time up there. |
1:11.1 | We live in New Jersey. My wife and I, the kids have moved out, but we have a great time flying. |
1:15.6 | And there's so many analogies that you could make to the financial market. It's like any |
1:20.6 | adrenaline-based thing. You can either wing it and have it go sideways potentially or you have a |
1:25.1 | checklist. Like, what do you look at to make sure you have a successful flight or a successful dive? |
1:31.0 | Or if you're parachuting, a successful skydive? |
1:34.4 | There's a checklist, and that's what I do for the market, so it fit right in. |
... |
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