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Jack Crivici-Kramer

👤 Speaker
4588 total appearances

Appearances Over Time

Podcast Appearances

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Every time a public figure talks about stock market performance, they use this disclaimer.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Past performance is no guarantee of future results.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

And the reason they say it is because it's true.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

They don't want to mislead people.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

And you have to disclose that investing in stocks is risky.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

But honestly, that disclaimer scares a lot of people from not investing at all.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Yeah, it's no guarantee, but go give it a shot, guys.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Because historically, it rises 10% per year, and it's America's biggest source of wealth generation.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

What Jack's saying is not investing?

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Well, in modern America, that's a recipe for going broke.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Yetis, prices are constantly rising faster than incomes.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

The only way to combat that, in our opinion, is to own stocks.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

And the US stock market is an insane generator of wealth, growing 10% a year on average since, I don't know, forever.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

If you look back to the year 2003, over the 23 years since, boring basic US government bonds are up 90% in those 23 years.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Okay, but Jack, how does the rest of the stock market compare to that?

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

It's up 700%.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

So the Social Security Trust Fund could be trillions of dollars bigger if we would just take a risk and put that money in the market.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Get Jack in the game.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

Yet he's in modern America.

The Best One Yet
🛒 “Always Optimal Prices” — Walmart’s algorithm patent. Babylist’s influencer store. Blackrock’s risk-on letter. +$400 Kelp Makeup DJ

The wild reality that no one talks about is that if you never take a risk, you'll go broke.