The Best Time To Invest is When Everyone is Scared

Hinzugefügt: 2026-05-26

[00:00:00]The stock market has rallied for almost 2 years. Mhm. Um and uh the aversion to extending credit >> [music] >> has weakened so that the uh reward for bearing risk in the credit market has declined.

[00:00:16]>> Mhm. Uh so [music] you know, I like to buy when everybody's pessimistic and there's no optimism [music] priced in.

[00:00:23]Right.

[00:00:23]>> Today, most people are fairly optimistic, not crazy, but and so there's little pessimism Mhm.

[00:00:30]>> priced in. I like to buy when there's a lot of pessimism [music] priced in.

[00:00:33]That's not the case today. Yeah. So uh I think that you can invest today, but there's nothing to get that excited about.

[00:00:40]>> Mhm. Got it.

[00:00:41]I get excited [music] when people are jumping out of windows.