Derek Moneyberg
👤 Speaker
783
total appearances
Appearances Over Time
Podcast Appearances
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And he was asking me about my investments.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
So I started buying stocks heavily in December 2008.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And the market was just down, down, down.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
I bought a lot of casino stocks this time.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
Down, down, down, down.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And, you know, I kind of ran out of money.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
Whereas spending cash, I ran out of cash.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
I had assets.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
I didn't have cash.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
I was spending, you know, all that money through December, first half of January.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And, you know, then I didn't have any more cash.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And the market just kept...
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And the bottom was the first week of March 2009.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
At that time, my portfolio was down 70%.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
Holy shit.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
I was down 70%.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
And I remember being in New Orleans with my buddy.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
He was broke at the time, or more or less.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
He was a young kid.
Digital Social Hour
Derek Moneyberg: Tough Guy for Clicks? Strickland vs. Moneyberg | DSH #1556
He was in his early 20s.