Grant Cardone

And I learned that you guys...

I signed a document and said, OK, I'll buy this asset.

really pivoted your life at the point of the 2008 recession.

And that asset then starts producing passive income over long periods of time upon which then I can use money.

You guys sort of dominated when everybody else was dying, right?

whatever it is, 600 bucks a month of passive income, I can use that to go or 6,000 or 60,000 or 600,000 a month.

And so I'd love to understand how you approached the recession differently.

And then we can talk about the 2023 recession and what we can do.

Yeah, we're definitely going into a big one.

Then I can start doing dumb stuff.

And this could be bigger than 08.

How much dumb stuff can you do?

But the problem with recessions is people deny them for so long.

You can do as much dumb stuff as your passive income.

We're in one right now.

We've been planning for this since February of last year.

So I'm already so far ahead of most people.

What happens with a contraction?

A recession is basically a contraction.

It's the same amount of money exists in the environment.