Nicole Lappin

Yeah, you're mourning paper losses in this case. And back then you were worried about getting anything out.

Now we're just like, oh, well, my portfolio isn't up 20%. I've lost money.

Now we're just like, oh, well, my portfolio isn't up 20%. I've lost money.

Now we're just like, oh, well, my portfolio isn't up 20%. I've lost money.

Yeah, but I don't even know if Dave's $7 million was some paper gain that he rejoiced and he thought he had. Did he actually lose money? The most important gains in the market are the days you buy and sell.

Yeah, but I don't even know if Dave's $7 million was some paper gain that he rejoiced and he thought he had. Did he actually lose money? The most important gains in the market are the days you buy and sell.

Yeah, but I don't even know if Dave's $7 million was some paper gain that he rejoiced and he thought he had. Did he actually lose money? The most important gains in the market are the days you buy and sell.

Yeah, but mourning paper losses, rejoicing paper gains is a tricky business to be in.

Yeah, but mourning paper losses, rejoicing paper gains is a tricky business to be in.

Yeah, but mourning paper losses, rejoicing paper gains is a tricky business to be in.

So in 08, the crash was about excessive leverage, systemic risk, hiding in plain sight.

So in 08, the crash was about excessive leverage, systemic risk, hiding in plain sight.

So in 08, the crash was about excessive leverage, systemic risk, hiding in plain sight.

Well, one of the reasons you were able to see what no one else did in 08 is you were looking at these primary sources, right? You were going to Phoenix. You were going to Miami. You were seeing this stuff with your own eyes. You were looking past the headlines. And was Twitter around then? Twitter was around then.

Well, one of the reasons you were able to see what no one else did in 08 is you were looking at these primary sources, right? You were going to Phoenix. You were going to Miami. You were seeing this stuff with your own eyes. You were looking past the headlines. And was Twitter around then? Twitter was around then.

Well, one of the reasons you were able to see what no one else did in 08 is you were looking at these primary sources, right? You were going to Phoenix. You were going to Miami. You were seeing this stuff with your own eyes. You were looking past the headlines. And was Twitter around then? Twitter was around then.

You were looking past, presumably, I don't know if you were looking at tweets at the time.

You were looking past, presumably, I don't know if you were looking at tweets at the time.

You were looking past, presumably, I don't know if you were looking at tweets at the time.

But the usual talking points, and that's harder to do now, especially when everybody, you know, with a TikTok account can call themselves a financial advisor because they stayed at a Holiday Inn once. So where would you tell new retail investors to go to assess an investment opportunity?