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EP27: Anthony Scaramucci
Manage episode 335146423 series 3269210
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The markets had been brutal, given the fluctuating conditions, pressing political issues, and fiascos all around. How do we navigate through this when it comes to business and investments? In this episode, Rob and Anthony advise listeners to be patient, size appropriately, and ignore the market drama. The risk involved with cryptocurrency investment requires the participation only of the brave and patient. With this, listen in as Anthony provides his insights into what’s ahead in the technology sector.
Key Highlights:
[02:04 - 05:39] - The key is to choose realism over philosophy when navigating the market. Have a plan and be more patient when things go wrong.
[06:20 - 08:40] - Be wary of confusing brains with a bull market. Understand the risk involved and be cautious of the cash flow.
[17:08 - 19:00] - When the business comes crashing down, the greatest bull market run in your life can happen. Don’t pretend that you know everything.
[21:31 - 23:14] - Cryptography requires adaptation and faith. This game is not for the impatient and fearful.
[26:38 - 27:58] - The administration is making a mistake by being indifferent to the stock market and failing to understand the harmony between Main Street and Wall Street.
[28:45 - 30:22] - Reclaiming America’s former glory requires strong-willed political leadership.
[37:02 - 39:05] - Anthony shares how he entered politics during the Trump administration, got blasted, and moved forward.
Tweetable Quotes:
"In the beginning, I was super frightened Rob, I made all of the classic bad decisions, overreacting to my emotions, and all the fear… And so you could be philosophical about that. Or you can be realistic, I'm going to choose realism over philosophy." - Anthony Scaramucci
"You're in a situation right now where a lot of really good things are happening, but current market sentiment is very negative… But if you're not patient, you can't be in this market.” - Anthony Scaramucci
“If you're not failing a little, you're not really living, you're not pushing yourself to where you can go.” - Anthony Scaramucci
“You don't wallow and you don't play the victim, you know? And you go forward.” - Anthony Scaramucci
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