Chris Walsh

No, it was just this sort of hype.

And so that share is now not listed.

I think, yeah, I like Nike shoes.

Well, not, well, not me personally, but do I then go and buy the share?

No.

Like, you know, I like flying in New Zealand.

I do.

I'm not going to go in and buy the share.

You know, there's lots of things I like, but, you know, they're paying me to use them in a way because they're losing money.

Rocket Lab came out and, you know, that's been a massive success.

But for a time it wasn't.

And, you know, the share price has now obviously done what it's done.

But if people have got into that, they think, wow, you know, and I'm very pleased for them.

But that is really quite rare.

And this is why...

investing in what you like or invest in the brands you love i you know my food bag is an example of that people plenty of people love it um and it's got very qual it's a very quality product um the share price has not reflected the growth or the market's love for it so i think just be very careful on that and this isn't just me saying all this stuff to try to get people into funds it's just objective

Yeah.

you get because you do a lot of events right you must have these conversations with people do you run into that sort of attitude people just want to wake up not feeling stressed about money and a way of doing that really is not by going into a shares account and or a stock account and lining up a whole bunch of uh stocks i think i think long-term investing in funds or etfs or actively managed funds if you want to

you know, if they have a track record, it just seems to be so much more appropriate for people.

And KiwiSaver, I believe, based on everything I'm seeing, is not going to be enough.