Timeyin Akerele

There's a link in the description and we've also put a QR code on screen.

If you're accumulating then or you're trying to build a pension pot in a period of bad returns, how should you be thinking about that then?

Because on one hand you're saying you're paying him more because you're not getting the returns, but at the end you might get better returns.

So could you say, well, I don't need to pay him more then.

I can just pay in a lower amount today because I'm going to get the good returns down the line.

You could take that risk.

Yeah.

I mean, it's as simple as that, really.

And understand that even if you're 50, you've got to bank it like you're 40, 50 years ahead of you anyway.

So, you know, it's like going back to a 10-year-old and going, it's too late for you to impact your life by 50.

So...

Yeah, yeah.

I want to talk about that meme reversion because it's kind of like, oh, if the market's bad now, it should be good in the future.

Why does that happen?

And the waves of human emotion.

Like rational exuberance around a tech and then the pessimism and you're kind of that cycle.

I think someone once said to me, the stock market is you're riding an escalator with a yo-yo in your hand and you're looking at the yo-yo when you should be looking at the escalator.

And your escalator is the global growth, basically, story.

How long are these reversion, like how long is that process really?

Okay, so in the paper, you looked at the S&P 500 in particular, probably because the data set is the most fleshed out, right?