June 16, 2024

GWS5000

Make Every Business

What we learned from the 2008 global financial crisis

Transcript

Tim Buckley: I glance back at 2008‒2009, and I bear in mind persons panicking—investors I revered. Some of them were being acquiring out on March nine, 2009. They could not tackle it any longer, and which is just when the marketplaces took off. No one experienced predicted that. You constantly have to bear in mind the marketplaces are ahead-looking, and you really don’t know when they are heading to choose off—just like you really don’t know when they are heading to tumble. So it is very best to be invested than to attempt to time it, since it is shut to unachievable.

Karin Risi: That is exactly proper.