We talk so much about investing on this podcast and the different ways to do it.

So before we get going, I want to let you know that this episode is brought to you by my friends at 10 East.

10 East is an investing platform for sophisticated investors to access private markets.

It brings the benefits of having your own family office without the cost and the headaches of doing so.

Ten East is founded and led by Michael Lefel,

former deputy executive managing member at Davidson-Kepner.

Tenney's core strategy is to apply institutional grade due diligence

to more niche exposures across private markets in equity and credit and real estate.

The principals and partners at Ten East invest their own money in these deals to align interests. To learn more please check out 10 East.co.

That's the number 10 East.co. What I want to talk about today might seem like it only applies to very successful people, very rich and

famous people or very rich and famous companies. What I want you to keep in mind

when you're listening to this is that the topic of today might apply the most to very rich and successful people, famous people, but it definitely applies to ordinary people as well.

And even if you think the topic of cyclicality... It definitely applies to ordinary people as well.

And even if you think the topic of cyclicality does not apply to your career and your life,

it definitely applies to the economy that you live in and work in.

So this topic, the idea that everything is cyclical,

I think it really applies to everybody.

A few years ago, French geologists discovered that a Himalayan mountain

suffered a massive landslide 800 years ago. Now, massive here might be an understatement because the slide that they discover

moved enough earth to bury Manhattan as high as the Empire State Building.

The bound is called on a prune of four, and it used to be, 800 years ago, one of the top five

tallest mountains in the world.

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