March 29, 2024

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Business The Solution

What we learned from the 2008 global financial crisis

Transcript

Tim Buckley: I glimpse back again at 2008‒2009, and I don’t forget people today panicking—investors I highly regarded. Some of them were finding out on March 9, 2009. They could not deal with it any longer, and that is just when the marketplaces took off. No one experienced predicted that. You normally have to don’t forget the marketplaces are forward-hunting, and you never know when they are likely to get off—just like you never know when they are likely to tumble. So it’s very best to be invested than to attempt to time it, for the reason that it’s close to not possible.

Karin Risi: Which is specifically correct.