Patrick Boyle
speaker
346 appearances
1 recordings
1 series
first heard Jul 2026
last heard 13 Jul
Patrick Boyle’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Many people, if you're sort of working at Walmart or something like that, you probably never had as much savings as you had at that point.
And you're sitting there looking at this $1,000 check and you kind of think, well, you know, what will I do?
Buy clothes with it or go all in on something and try and turn $1,000 into a million dollars?
And that's sort of the financial nihilism mindset.
Well, the only thing is once people get... In fact, the worst thing about this bubble bus cycle is that a lot of people, their introduction to investing is sort of putting their money into some crazy thing that their friend told them was a good idea.
It gets totally wiped out, and then they're sort of scared for life.
And there were a lot of people I knew...
Because I sort of, I was in my 20s during the dot-com bubble, and so many people I know were really, really excited about all these internet names piled into them.
They wiped out.
And then, you know, I'll talk to these guys, you know, 30 years later or 25 years later, and they all say, no, no, I never invest.
It's all a con.
Like, and...
And the thing is, had you put your money in the S&P 500 or even actually held on to the NASDAQ or whatever from back then, you would have done quite well.
While, you know, you put your money all in government bonds, you know, you'll have looked smart for about three years at that, you know, because the stock market fell for three years after the bubble burst.
But then in the long run, you don't.
And so the real, the problem sort of is financial education.
It's that people don't
understand sort of what normal expected returns are.
Like it's not, you know, it's not like, you know, a 300% return in a year or whatever.
That can happen.
Showing 221–240 of 346 · page 12 of 18
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