This All Ends Badly: Understanding Today’s Investment Risks with Lawrence Lepard
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 25 November 2023
⏱️ 67 minutes
🧾️ Download transcript
Summary
Why would a deeply experienced financial money manager believe so deeply in gold and Bitcoin? Because once you see the financial system for what it is, you can’t unsee it; its hull has been holed at the waterline.
Transcript
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| 0:00.0 | Hello, everyone. Yes, Chris Martinson of Peak Financial Investing with another episode here of |
| 0:07.0 | Finance University. And today, very pleased to have Lawrence Lepard here of Equity Management |
| 0:12.7 | Associates out of Boston. He's been to my farm once. Lawrence is a great guy, gold and silver |
| 0:17.2 | investor believes in Bitcoin. Kaz his pulse really on all things financial |
| 0:22.1 | in the markets out there. |
| 0:23.5 | So we're going to have a really good rocking conversation today at a critical time because |
| 0:28.8 | of all the popping and creaking sounds going on out there. |
| 0:32.5 | Lawrence, so good to see you. |
| 0:34.1 | Chris, thanks for having me back. |
| 0:35.6 | It's always fun to chat with you. |
| 0:36.8 | I really, I love your thread. I love your point of view. So this should be you. Thanks. Thanks for having me back. It's always fun to chat with you. I really, I love your, I love your thread. |
| 0:38.9 | I love your point of view. So this should be fun. Good. Hey, for the people who don't know you, just quickly, what's your background? Very quickly. I've been a fund manager my whole life, investment management. Until 2008, I was focused on technology. you know, hardware, software, computers, internet did pretty well with all that. |
| 0:58.0 | Kind of retouched. 2008, I was focused on technology, you know, hardware, software, computers, internet did pretty |
| 0:56.9 | well with all that, kind of retired in 08, retired actually in 04, messed around for a few years. |
| 1:02.0 | And then in 08, the GFC hit. |
| 1:03.9 | And I thought to myself, you know what? |
| 1:05.4 | I got radicalized for sound money. |
| 1:07.2 | I could see what they were doing. |
| 1:08.4 | I could see that the Fed was going to print away the value of the |
| 1:11.4 | dollar. And so I pivoted and I got into the gold and gold stock picking business because I |
| 1:18.0 | envisioned that we would have a decade that looked like the 70s with a lot of inflation. |
| 1:22.6 | And in the 70s, gold and gold stocks and oil and oil stocks were the two things to invest in. |
... |
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