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Market Mondays

The Wrap Up: HOW TO BUILD AN INDESTRUCTIBLE PORTFOLIO

Market Mondays

EYL Network

Business, Entrepreneurship, Investing

5.04.1K Ratings

🗓️ 6 July 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

In this Wrap Up Ian went over how to build indestructible portfolio in a recession. #investing #recession #portfolio  


Link to episode: https://youtu.be/368aVWMsMa0


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Transcript

Click on a timestamp to play from that location

0:00.0

And just like that, the recession is over.

0:03.0

No worries. One day bounce to the upside, yes, and now go up.

0:08.1

Recession is over. Just kidding. I love you guys. Happy Monday.

0:11.3

I hope you guys had an amazing weekend.

0:13.9

I welcome to the greatest investment show on earth.

0:17.1

Show that you guys made incredibly popular across the world.

0:20.0

Market Mondays and here to make investing easy for you.

0:24.9

So a lot of you have asked historically, like, what's the origin of red panda?

0:30.2

And the real answer is red as illustrated by my baby, Xander. Hey,

0:36.8

unanimously means the market is down and panda is a version of a bear.

0:42.8

And in these down markets, this is where we tend to do the best.

0:48.3

So while everyone else is panicking, I always say that red panda, our season,

0:53.5

are these catastrophic downslides, these recessions, these deep pullbacks.

1:01.0

This is when we are going to do our best.

1:03.8

So when we were at the JP Morgan event this weekend, and thank you to everyone who attended.

1:07.4

I appreciate you all so much. I had a blast.

1:10.8

I was leaving a long telegram note to the group and

1:15.7

my wife's seven year old gave me some poignant advice and he was like that.

1:19.6

Talk less if they don't listen.

1:23.7

I said, wow, that's really like profound from a seven year old, right?

1:30.8

And sometimes we can try and give too much or even in my case, show our intellectual aptitude

1:40.1

too much, too convinced someone what to do. But often, the more knowledge that we have,

...

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