Watch This “Legendary” Market Timer Get Called Out on National Television

It’s a common misconception in the investing industry that bigger is always better. If someone manages $85 billion in investments, shouldn’t they be a pro? Unfortunately, this is rarely the case. Today, Paul shares an interview on national television in which a Wall Street “legend” really gets pressed on his 20+ years of bad investing advice. Listen along as Paul describes what a “permabear” is in investing and how people can make a living scaring people out of investing in stocks.

Later in the episode, Paul and Arlene share that individual investors aren’t the only ones who can try to stock-pick, as major index funds jump to add SpaceX to gain credibility and follow the trend.

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This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information.
Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.