You don't want to be a hero in this environment, says 'Big Short' investor Steve Eisman
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Published 2023-03-15
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All Comments (21)
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A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time.
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It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
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Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
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Everyone's preaching doom, without any key data-trajectory on how to maneuver, it's obvious stocks are unstable but folks are still pulling off huge 6 figure profits from this same market y'all are warning us about, videos on such strategies to maneuver will really be helpful, thank you.
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Well to me the greatest lesson of 2022 in the stock market: Nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
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There might be an economical turmoil but there is no doubt that this is still the best time to invest.
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Its so refreshing to hear someone on TV just say what they really think instead of twisting themselves into knots trying to not to say the wrong thing.
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Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
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In parallel with escalation in the recent years, the recession is now the 'most likely output for the economy' and i cannot imagine being a victim of circumstances, my portfolio got a big hit, holding it further wont be any good, ive heard of people acquring hundreds of thousand even on red seasons, how can I certify this?
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Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
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steve carell nailed this guy’s speech and mannerisms lmao
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Great interview. This guy knows what he is talking about.
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This was a great interview and Steve is spot on with the rate hikes next week. If the FED pauses, it means they are panicking. When they are panicking, so should you.
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Mr Eisman is brilliant as always. Only a few individuals will give you the truth, as it really is and Mr Eisman is one of them. Too bad we don't have more people like him running out Country
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Great guest. Steve Carrell nailed the part!
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Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
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When Eisman talks everyone shuts up because hes got a book and film about how right he is.
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He’s right, this isn’t like 2008 where the big banks are better capitalized, the other side of that “it’s not 2008” is that this time the debt burden that lead to the “everything bubble” is pretty bad. Corporate debt, , govt. debt, consumer debts, - kabooom.
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The mark of a master in a field is their ability to explain very complex concepts in a very easy to understand way. Steve Eisman is clearly one of these people.
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Everything he said here was absolutely accurate. Everything.
