We Give Thanks For This Podcast

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 29 November 2023

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

We give thanks for this podcast, Money Tree Investing. We thank the listeners for your faith in us. We would also like to thank Wall Street for giving us so many opportunities to poke holes in your "rules of thumb".

This week we discuss what is going on with consumer sentiment, the first of Seth Klarman's lessons from 2008 and more important market related insights.

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Hello, Smart Money Tree podcast listeners. Welcome to this week's show. My name is Kirk Chisholm. I'll be your host. Today I'm joining with my good friend Doug Higran. Hey Doug.
0:18.0	Hey, Kirk. Happy Post Thanksgiving. Hope you had a nice one.
0:21.7	And to all those listening, did you go with modern day Thanksgiving or traditional Thanksgiving,
0:26.6	venison or turkey? Because if you go back and look at the history, they probably didn't have
0:31.2	turkey at the first Thanksgiving. Just a sidebar. I don't look at history, Doug.
0:37.2	That's right. You're investing.
0:39.2	What would you look at history?
0:40.5	What does history have to do with the present, Doug?
0:42.2	I can't imagine why it's relevant.
0:44.5	Well, congratulations then, Kirk.
0:46.8	You're going to get along with most of the world these days.
0:49.2	And you know what?
0:49.7	On top of that, I don't agree with history.
0:51.7	So I'm just not going to read it because it doesn't pertain to me.
0:54.7	That's so long ago. I mean, that doesn't matter anymore. Yeah. No, history doesn't matter.
0:59.5	We should stop looking at history because it's totally irrelevant for today because today is so much
1:03.6	different than anything that's ever happened, ever. Ever. I think the 1970s, whatever,
1:08.6	nothing there. Inflation, that was different inflation.
1:12.4	You know, 2008, whatever, credit, who cares?
1:15.8	You know, that was different credit.
	...

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