Chris Camillo
👤 PersonAppearances Over Time
Podcast Appearances
Yeah, investor class. Investor class. Every human.
Yeah, investor class. Investor class. Every human.
Well, that's all noise. It's always all noise. Okay. Until it's not. And when it becomes something other than noise, we have way bigger problems. That's the way to think of it. Should you be investing now? You should be investing always. I would say especially now. So even when it's scary or uncertain or it's fluctuating so much. Yeah.
Well, that's all noise. It's always all noise. Okay. Until it's not. And when it becomes something other than noise, we have way bigger problems. That's the way to think of it. Should you be investing now? You should be investing always. I would say especially now. So even when it's scary or uncertain or it's fluctuating so much. Yeah.
When it gets scary and it starts to fluctuate and you start to hear, see people Googling the great depression. This is when you make all your money, right? So this is a gift. I've been around a long time. I still feel like a kid investing, yet I can talk about the 87 crash and how I felt during the 87 crash. I was young then.
When it gets scary and it starts to fluctuate and you start to hear, see people Googling the great depression. This is when you make all your money, right? So this is a gift. I've been around a long time. I still feel like a kid investing, yet I can talk about the 87 crash and how I felt during the 87 crash. I was young then.
But I remember it vividly in our, I'll never forget how quickly we came back from it. And, you know, same thing with, I was like deep, deep in the dot-com bubble crash. Like that was when I was coming out of college in the workforce, investing for myself aggressively and, And it was like my entire world. And that really was scary. That was like super scary.
But I remember it vividly in our, I'll never forget how quickly we came back from it. And, you know, same thing with, I was like deep, deep in the dot-com bubble crash. Like that was when I was coming out of college in the workforce, investing for myself aggressively and, And it was like my entire world. And that really was scary. That was like super scary.
Most of us that were young and investing during that time, we lost like 70% of our portfolio. OK, like 70, 80 percent. Some of us, a lot of the companies we were invested in just went to zero. OK, so that was unbelievably scary. Yet those of us that stuck around and kept doing it. I mean, it didn't take long for the market to come whipping back, right?
Most of us that were young and investing during that time, we lost like 70% of our portfolio. OK, like 70, 80 percent. Some of us, a lot of the companies we were invested in just went to zero. OK, so that was unbelievably scary. Yet those of us that stuck around and kept doing it. I mean, it didn't take long for the market to come whipping back, right?
And you look back and you go, gosh, I wish I would have went even heavier at the time. Same thing in 2008. That was scary. Remember? Well, you remember that. Came back quicker than anyone would have imagined. Nothing phases me anymore. People, you think about the stock market. Well, what is the stock market? The stock market is nothing more than a reflection of all of our work globally. That's it.
And you look back and you go, gosh, I wish I would have went even heavier at the time. Same thing in 2008. That was scary. Remember? Well, you remember that. Came back quicker than anyone would have imagined. Nothing phases me anymore. People, you think about the stock market. Well, what is the stock market? The stock market is nothing more than a reflection of all of our work globally. That's it.
Our human, our human endeavors. It's the product of our human work. So As long as humanity continues to get smarter and more productive and more efficient, whether it's us or the robots or artificial intelligence that we're creating, doesn't matter how we do it. As long as we continue to create more and create better, the product of that will become more valuable.
Our human, our human endeavors. It's the product of our human work. So As long as humanity continues to get smarter and more productive and more efficient, whether it's us or the robots or artificial intelligence that we're creating, doesn't matter how we do it. As long as we continue to create more and create better, the product of that will become more valuable.
And our way to participate in that is called the stock market. Like it's not... This crazy complex thing, everyone overthinks it. Wall Street has spent, you know, 70, 80 years trying to convince us that it's this big mysterious thing that only they can understand. That we have to go through them. That we need to be talking to them through these periods, right? It's all complete BS.
And our way to participate in that is called the stock market. Like it's not... This crazy complex thing, everyone overthinks it. Wall Street has spent, you know, 70, 80 years trying to convince us that it's this big mysterious thing that only they can understand. That we have to go through them. That we need to be talking to them through these periods, right? It's all complete BS.
I don't think there's anything more important in life other than maybe taking care of your family. uh, than learning how to invest. Like it's actually so insane to me. I think it's the most important thing we should be starting with from kindergarten, uh, every year for your entire life.
I don't think there's anything more important in life other than maybe taking care of your family. uh, than learning how to invest. Like it's actually so insane to me. I think it's the most important thing we should be starting with from kindergarten, uh, every year for your entire life.
A good chunk of it should be focused on reminding you and teaching you how important it is for you to be part of this investor class. And it's just disgusting that it's not.
A good chunk of it should be focused on reminding you and teaching you how important it is for you to be part of this investor class. And it's just disgusting that it's not.