The Hard Part About Investing and Giving Advice

The markets have sort of always worked these things out. We've had periods of excess in just about anything sort of you want to name, we can go back. Now, of course, it's different enough. It's just different enough to trick us into thinking it's completely different and it will never be the same. I think what I learned from 2008, 2009 was risk is real, right? That it's not just like, ah, yeah, by the dips. This is fun. Like risk is, it's a real thing. And it hurts a lot. All I know is I invest completely to protect my money," he says.

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