Transcript
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This is Scott Becker at the Becker Private Equity and the Becker Business Podcast. Today's discussion is how do we know at a market high? And here's what I'll tell you. I know that we're at a market high whenever I buy something substantial. So. So recently we're trying to buy a rental property. And I know that at the end of the day, the markets must be at a high whenever I am buying anything. And I say that somewhat facetiously but somewhat truthfully. Isn't this the worry that whenever you're making a substantial investment, that you must be hitting it at the high? Like, I've been sold, of course, to ever invest directly in Apple and Nvidia, because I always feel like, oh, my God, I must be investing at the high. It is what it is. But that's my story. My certainty for the day is, is that we must be hitting a market high when I'm buying something that's substantial, because I know what will lose value the moment after I buy it, because we're at a market high. And anyways, that's my best way to sort of forecast the market. Whatever I'm buying must be the wrong time. Thank you for listening to the Becker Business and the Becker Private Equity Podcast. Thank you very much.