“But, guys like Jeremy Grantham, for example, who's considered this legendary investor, he says that we're going to crash something like 43%, which is terrifying because that makes it the most significant crash, at least in my lifetime, bigger even than in 2008 when the market went down by 37%.”Andrei Jikh, relaying Jeremy Grantham: Market crash will happen (a fall of at least 43%)
Said on Feb 28, 2022, at 2:34 in the video.
Result at every window
All windows are shown, so none is pickedAttributed to Jeremy Grantham — not scored
What was said around it
market. That's why I'm constantly investing for passive income even if there's a crash. Now, we're not officially in a crash yet. We're in what's called a correction, which is anytime the stock market falls by 10% or more. A crash would be something like 10 to 20% or more. Now, right now the stock market is somewhere around 8 to 9% in the negative, so we're not quite in the correction territory, but we were. So, I'll just say we're in a correction. But, guys like Jeremy Grantham, for example, who's considered this legendary investor, he says that we're going to crash something like 43%, which is terrifying because that makes it the most significant crash, at least in my lifetime, bigger even than in 2008 when the market went down by 37%. So, is that actually going to happen? I don't know, but I'll let you know my thoughts at the end of the video. In the meantime though, I think it'd be really cool to talk about how to make passive income in a crash because now more than ever, cash flow is what matters most. This is, I think, the most important point, right? Because if stocks are falling, it's nice to still be able to make cash flow. That's what keeps investors invested in the markets.
What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.
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