4.6 • 1.9K Ratings
🗓️ 7 July 2021
⏱️ 7 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | The next time the market goes down, I'm going to have what I think is the best economic |
0:03.3 | genius of our time with years of experience to tell me, oh, you got $30 million |
0:08.2 | day? This is what I would do with it. This is entrepreneurs, the playbook. |
0:12.4 | People that think they're stupid won't what? It's the biggest tragedy of all of them. |
0:15.6 | They won't ask for help. Anybody asked me why I lost all my |
0:18.8 | money because I didn't ask for help. I made one bad assumption and didn't |
0:22.0 | ask for help. All I had to do is ask for help. I could have accelerated |
0:27.1 | everything that I owned at that time just by asking people that I've been there before, |
0:31.3 | like I have now, right? I've been through four cycles of the economy at 51. I've seen |
0:35.5 | the up and the down four times. I know how you can make money on the down and how to make money |
0:39.9 | on the up. I know how to save. I know how to leverage myself. And I'm still asking for help. |
0:44.8 | And when the next dip happens, I'm going to go to the experts, the experts, including Warren Buffett |
0:50.6 | and I will find his number. I will find someone that knows him and I will get in front of him and |
0:56.1 | tell him you're going to mentor me. I'm going to be concise. Give me your cell phone when I need |
1:02.0 | help with a quick question. You're going to answer it for me because I'm going to do anything you |
1:06.8 | want me to do that I'm capable. Does that sound fair? I will. Because I know he'll say yes. |
1:12.1 | It's just a matter of me finding the number of where he's going to be or what he's going to do |
1:15.7 | with getting in front of him, which I will do. But now, the next time the market goes down, |
1:20.4 | I'm going to have what I think is the best economic genius of our time with the years of experience |
1:24.7 | to tell me, oh, you got $30 million dollars, Dave. This is what I would do with it. Okay, thank you. |
1:31.3 | Why should I guess? That guy seems to be a lot smarter about this kind of thing than I am. |
1:36.6 | He kind of studies it every day since he's been like 16. I think he's 86 or 90 now. I think he |
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