How You Get Rich Isn't How You Stay Rich: 300 Years of Proof | Joseph Moore
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
Today on the James Alteger Show. In the eighteen thirties. Over thirty percent of the stock market was one stock. which was the second bank of the United States. And it cratered from a hundred and twenty or hundred and fifty a share. to$1.50 a share in like a year, and then eventually went to zero. This is statistically what it would be like. Amazon Berkshire, Microsoft NVIDIA,
Tesla and Walmart, and if all of those cratered and went to zero in a matter of like a year to two years. That would be like that event the eighteenth. Yep, nothing. Opportunity mixture. And debt allows you to reach in and grab as much as you can personally handle while the opportunity is there.
You would not pick the 1790s. When If you fail, you go to jail. And not only do you go to jail, your wife And your kids have to go too. Really? Yes, debtor's prison is for the whole family.
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