Brian Levitt
π€ SpeakerAppearances Over Time
Podcast Appearances
A percentage of money supply, M2.
I would just say like, of course, margin debt would be at a high with the market at a high.
no V just 10% pullback.
And then three months in a, in a drawdown, that margin balance comes down.
Correct.
Naturally.
It doesn't, it's not a nuclear bomb going off.
So you're doing this as long as I am.
You and I are roughly the same age.
Um, I'm a little bit smarter than you.
And I'm a little bit older than you.
Fair.
Uh, no, no, no.
But like you and I know this, but the, the average investor doesn't and it's not their fault.
I think you and I are now older than the average investor.
Close.
Ish.
Ish.
Um,
the average investor is looking for a knockout punch.