Chapter
Making Money Despite Economic Hardship
2:06:23 - 2:10:19 (03:56)
The speaker discusses how he made money despite the economic hardship and financial collapse of 2008 by not selling his assets and instead keeping them for the long-term despite the advice of others.
Clips
Long-Term Capital Management's over-leveraging led to their downfall in 1998, ultimately causing a national economic issue, while a client of the speaker's suffered a loss of $20 million due to being over-leveraged and being forced to sell.
2:06:23 - 2:07:13 (00:50)
Hedge Funds
Summary
Long-Term Capital Management's over-leveraging led to their downfall in 1998, ultimately causing a national economic issue, while a client of the speaker's suffered a loss of $20 million due to being over-leveraged and being forced to sell.
ChapterMaking Money Despite Economic Hardship
Episode#42 Rob Luna - Wealth Strategist on the Recession and Inflation
PodcastShawn Ryan Show
In this podcast episode, the host talks about how easy it is to make money by playing on people’s fears and tells that despite all the controversies about the stock market, corrupt government, and other issues, he still has managed to make money.
2:07:13 - 2:10:19 (03:06)
Finance
Summary
In this podcast episode, the host talks about how easy it is to make money by playing on people’s fears and tells that despite all the controversies about the stock market, corrupt government, and other issues, he still has managed to make money.