TIP589: Stock Market Crises & Bubbles w/ Brendan Hughes

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 26 November 2023

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

Clay Finck is joined by Brendan Hughes to chat about his new book – Markets in Chaos. The book explores various market crises including the covid-19 pandemic, hyperinflation in Zimbabwe, the stock market bubble in Iceland during the great financial crisis, and much more. Brendan is a Registered Investment Advisor for Lafayette Investments and has more than a decade of industry experience in investments and public finance. Lafayette Investments has $720 million in assets under management and primarily caters to high-net-worth individuals. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro. 02:12 - What a market crisis is. 05:42 - Why it’s important to study history as investors. 09:11 - What led to hyperinflation in Zimbabwe. 15:14 - The market crisis in Iceland that led to their stock market falling by 95%. 28:09 - The lost decade of Japan. 32:11 - Potential parallels between the bubble in Japan and markets in the US today. 47:53 - Brendan’s biggest takeaways from studying market crises. 53:44 - The US energy crisis in the 1970s. 58:06 - Companies that perform best during inflationary periods. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Brendan’s book: Markets in Chaos. Brendan’s firm: Lafayette Investments. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Related Episode: TIP542: The Crisis is Bigger Than Banks w/ Jeremy Grantham or watch the video. Connect with Brendan on LinkedIn. Follow Clay on Twitter. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. 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Transcript

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0:00.0	You're listening to TIP.
0:03.0	On today's episode, I'm joined by Brendan Hughes to chat about his new book,
0:06.8	Markets in Chaos.
0:08.8	Markets in Chaos covers various market crises, including the COVID-19 pandemic, the Latin American debt crises, the
0:15.6	South Sea bubble in France, Germany's hyper-inflation, post-World War I, and many more cases.
0:21.7	Brendan is a registered investment advisor for Lafayette
0:24.4	Investments and has more than a decade of industry experience in investments and
0:28.2	public finance. During this chat we cover why it's important to study history as investors what led to the massive
0:34.6	hyper-inflation in Zimbabwe the market crisis in Iceland that led to their stock market
0:40.4	rising by 900% and then swiftly falling by 95% during the great
0:45.7	financial crisis, the lost decade of Japan and the potential parallels Brendan sees
0:50.4	between the Japanese stock market bubble and the markets in the U.S. today and much more.
0:55.5	This was a very interesting discussion that really makes you take a step back and consider how we can
1:00.1	best preserve our hard-earned capital during the most extreme market periods.
1:04.6	With that, I bring you today's episode with Brendan Hughes.
1:08.1	You are listening to The Investors Podcast, where we study the financial markets and read the books
1:17.2	that influence self-made billionaires the most.
1:20.0	We keep you informed and prepared for the unexpected.
1:24.0	Welcome to the investors.
1:32.0	Welcome to the Investors Podcast. I'm your host Clay Fink and today I am thrilled to be joined by Brendan Hughes.
1:38.8	Brendan, thanks so much for joining me today.
1:41.4	Thanks a lot for having me, Clyde.
	...

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