Lou Whiteman
๐ค SpeakerAppearances Over Time
Podcast Appearances
There was a whole, you know, kind of, I think, market mentality tied to that before.
I'm guessing this time around won't be either extreme.
I don't think, knock on wood, it won't take 10 years to bounce back.
But I think we might end up with enough headwinds that we find this a lot easier to just bounce back and move on.
And yeah, I'm trying to think about that.
I don't know if I can change my portfolio with that, but mentally I'm trying to prepare myself so I don't do anything panicked if and when that does happen.
Honestly, I'm not sure.
Just kind of to play devil's advocate, but I think
Yeah, the market long-term may like it, but I think in the short term, the first company that says we're cutting back is sort of risking that it's going to be red.
It's like ours isn't as good or we have failed and everybody else is still, you know, is still going.
So that's fascinating to me.
I mean, look for long-term, if that's what they're seeing, they need to pull the bandaid, but I am not sure.
the market initially would cheer any one company alone saying, oh, I'm not so sure.
So they need to have like a joint press release.
We're all pulling back at the same time.
Yeah, good luck with that.
Good luck with that, right?
You know, part of this too, I think, is just, you know, the sheer excitement, the euphoria always degrades over time.
So, you know, so many of these stocks are still up so big over, say, five years that