Scott Sheridan
👤 PersonAppearances Over Time
Podcast Appearances
Well, I'm taking a deep breath right now because having done this for as long as I've done this, I can say without question what we went through in April. Wir haben das noch nie gesehen. Das war ein absolut verrückter Zeitpunkt. Jemand könnte darüber reden. Du könntest zurückgehen und sagen 08 09. Du könntest zurückgehen und sagen, sprich über die Dotcom-Bubble in 2000.
Du könntest zurück in 87 zurückgehen. Die große Unterschiede aus meiner Sicht war, dass dieser 100% selbstinduziert war. Also die anderen, da gab es Gründe und vielleicht würde jemand argumentieren, dass 08, 09 eine Hausbubble war. Und man könnte sagen, das war selbstinduziert, weil wir es ermöglicht haben, es zu passieren.
Du könntest zurück in 87 zurückgehen. Die große Unterschiede aus meiner Sicht war, dass dieser 100% selbstinduziert war. Also die anderen, da gab es Gründe und vielleicht würde jemand argumentieren, dass 08, 09 eine Hausbubble war. Und man könnte sagen, das war selbstinduziert, weil wir es ermöglicht haben, es zu passieren.
Du könntest zurück in 87 zurückgehen. Die große Unterschiede aus meiner Sicht war, dass dieser 100% selbstinduziert war. Also die anderen, da gab es Gründe und vielleicht würde jemand argumentieren, dass 08, 09 eine Hausbubble war. Und man könnte sagen, das war selbstinduziert, weil wir es ermöglicht haben, es zu passieren.
I could go with that argument, but for sure with this one, this was President Trump making a decision on tariffs that he believes in or did believe in. I don't know if he still does, but did believe in it. And the market said, we are not going to buy into this one. And you saw literally, you know, 20 plus percent sell off fast.
I could go with that argument, but for sure with this one, this was President Trump making a decision on tariffs that he believes in or did believe in. I don't know if he still does, but did believe in it. And the market said, we are not going to buy into this one. And you saw literally, you know, 20 plus percent sell off fast.
I could go with that argument, but for sure with this one, this was President Trump making a decision on tariffs that he believes in or did believe in. I don't know if he still does, but did believe in it. And the market said, we are not going to buy into this one. And you saw literally, you know, 20 plus percent sell off fast.
And the volatility that we saw both up and down, because we had some crazy updates, you know, was all of a sudden tariffs on, tariffs off. So Einer der Kommentare, wenn ich mit vielen jüngeren Menschen spreche, einer der Kommentare, die ich mache, ist, dass man lernen muss, besonders in jüngerer Zeit, dass man lernen muss, wie man Risiken nimmt.
And the volatility that we saw both up and down, because we had some crazy updates, you know, was all of a sudden tariffs on, tariffs off. So Einer der Kommentare, wenn ich mit vielen jüngeren Menschen spreche, einer der Kommentare, die ich mache, ist, dass man lernen muss, besonders in jüngerer Zeit, dass man lernen muss, wie man Risiken nimmt.
And the volatility that we saw both up and down, because we had some crazy updates, you know, was all of a sudden tariffs on, tariffs off. So Einer der Kommentare, wenn ich mit vielen jüngeren Menschen spreche, einer der Kommentare, die ich mache, ist, dass man lernen muss, besonders in jüngerer Zeit, dass man lernen muss, wie man Risiken nimmt.
So people have to understand what that means, because what might be super risky for one person might be just run of the mill for another. But if somebody is just getting going in their career, they have some investable assets, you need to be engaged with the markets.
So people have to understand what that means, because what might be super risky for one person might be just run of the mill for another. But if somebody is just getting going in their career, they have some investable assets, you need to be engaged with the markets.
So people have to understand what that means, because what might be super risky for one person might be just run of the mill for another. But if somebody is just getting going in their career, they have some investable assets, you need to be engaged with the markets.
I know it seems crazy right now to say, why would I want to be in the market when it literally just sold off 20% and just snapped back. You know, today we're back, not at highs, but we're not far off. I think we're 400 or 500 points. So in the S&P, so it's not that far away.
I know it seems crazy right now to say, why would I want to be in the market when it literally just sold off 20% and just snapped back. You know, today we're back, not at highs, but we're not far off. I think we're 400 or 500 points. So in the S&P, so it's not that far away.
I know it seems crazy right now to say, why would I want to be in the market when it literally just sold off 20% and just snapped back. You know, today we're back, not at highs, but we're not far off. I think we're 400 or 500 points. So in the S&P, so it's not that far away.
But the markets, as crazy as they are right now, one thing I will say with certainty, and I will preface this with, nobody has any idea where the another world war breaks out and something happens that would be an oh my god situation, the markets are going to be significantly higher in 10, 15, 20, 30 years.
But the markets, as crazy as they are right now, one thing I will say with certainty, and I will preface this with, nobody has any idea where the another world war breaks out and something happens that would be an oh my god situation, the markets are going to be significantly higher in 10, 15, 20, 30 years.
But the markets, as crazy as they are right now, one thing I will say with certainty, and I will preface this with, nobody has any idea where the another world war breaks out and something happens that would be an oh my god situation, the markets are going to be significantly higher in 10, 15, 20, 30 years.
So if somebody is just starting their career and they're in their 20s and they think they have a 40 year horizon before they want to retire, you need to have exposure to the market. Now having said that, Exposure needs to be controlled. So don't go crazy and take all of your money and just put it in today because all of a sudden you might need some of the money and the market could go lower.