Where were you five years ago? Right now, you're listening to Motleyful Money.

I'm Mary Long, joined today by David Meyer.

David, happy to see you.

Good to be here.

How are you?

I'm good.

How are you?

Doing pretty well.

I thought we would kick off the show by kind of having a moment of reflection, if you

will, because five years ago yesterday, the World Health Organization declared COVID-19 a pandemic.

Five years simultaneously feels like a very long time at a very short time.

And it's just, that has hit me pretty hard because it's pretty wild to think about all the ways that the world has changed since March 2020. I also think that this anniversary

comes at an interesting time because right now is a time when a lot of people are very

unsure and very uncertain about the future, not just about the future of the economy, but about the

future of the world. And so it might be kind of helpful to level set a little bit. And again, use this

moment of reflection to think about, yes, not only what has changed in the world over the past

five years, but also what has stayed the same. So what was true in March 2020? That is also true

in March 2025. One thing that comes to my mind is that the stock market was and is reacting to

big, scary news. COVID felt unprecedented in 2020. Most of us had never seen or experienced

a global pandemic before. For many, this whole year has felt massively unprecedented as well.

As we kind of toil that over in our minds, David,

let's turn this back to companies, right? Yes. So my task for you, my ask for you is,

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