FORTUNE: The Best Financial Strategies for Surviving a Recession in 2023 from 3 Top Advisers — Modernist University
Matt Heimermodernistuniversity.com
FORTUNE: The Best Financial Strategies for Surviving a Recession in 2023 from 3 Top Advisers — Modernist University
My investing strategy doesn’t rely on picking the right sector, or timing the next recession. It relies on a high savings rate, patience, and optimism that the global economy will create value over the next several decades. I spend virtually all of my investing effort thinking about those three things—especially the first two, which I can control.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
History shows some of the best opportunities come in bad times, not good ones.Though we’re not in the business of prediction here at Stonks, in the words of Lord Byron: “The best prophet of the future is the past.”Put simply, if public/crypto market turmoil persists, early-stage valuations may well drop ~30% or lower (i.e.below levels seen merely a... See more