"Most People Will Lose Everything" - Jeremy Grantham

Поділитися
Вставка
  • Опубліковано 14 жов 2024
  • Feel free to contact me if you have questions or comments.
    Ben Reppond
    (406) 871-3321
    ben@reppondinvestments.com
    Learn how we manage money: • The Big Picture in Inv...
    Instagram: @benreppond
    Produced by Pyro Studios www.thepyrostudios.com
    David Hunter interview with Jay Martin
    • Market Melt-Up Before ...
    Jeremy Grantham presentation
    • Grantham Predicts A Ho...
    Anastasia Amoroso interview
    • The ingredients are co...
    DISCLOSURES
    This presentation is for informational purposes only and is not an offer of or solicitation of advisory services. The comparison of the volatility of Reppond Investments, Inc.’s strategies to the volatility of any stock market index is for illustrative purposes only. The differences between Reppond Investments Inc.’s results and those of the indices may be different due to differences in diversification and by the properties of the actual securities held by Reppond Investments, Inc. Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment will be profitable or not.
    Reppond Investments, Inc. does not make any guarantee that our strategies will or are likely to achieve returns like those shown in the performance graph in this presentation. Reppond Investments, Inc. reserves the right to trade different ETFs or mutual funds within a strategy than those reflected in the graphic shown. Stock market indices are unmanaged, broadly based indices, which differ in numerous respects from the specific portfolio composition. An investor cannot invest directly in these. Dividends and income are included in the index returns. The S&P 500 is a trademarked term of the McGraw Hill Company, and index data was compiled from sources we believe to be reliable. However, Reppond Investments, Inc. makes no representations or guarantees with respect to the accuracy or completeness of that type of data.
    Past performance is not indicative of future results. Therefore, no current or prospective client should assume that future performance will be profitable. The historical performance results for indices and index funds, used as proxies for indices, are provided exclusively for comparison purposes. They are intended to provide general comparative information to help an individual client or prospective client in deciding whether the performance of Reppond Investments, Inc.’s strategies meet, or continue to meet, his/her investment objective(s). An investor should not assume that any strategy used by Reppond Investments, Inc. will directly correspond to any such comparative index.
    Different types of investments and/or investment strategies involve varying levels of risk. There can be no assurance that any specific investment or investment strategy (including the investment strategies devised or undertaken by Reppond Investments, Inc.) will be profitable for a client’s or prospective client’s portfolio. All performance results have been compiled solely by Reppond Investments, Inc. and are from sources we believe to be reliable. They have not been independently audited or verified.
    Investments in securities involve risk and the loss of investment principal is possible. Investments in securities will not always be profitable.

КОМЕНТАРІ • 194

  • @KnightTakesQueen
    @KnightTakesQueen 2 місяці тому +49

    In the worst downturn of the corporation ive worked for 37yrs, our CEO got 10mil in stock options. The workforce was working 3 day weeks and on govnt assistance. The entire financial system is corrupt and rigged. END OF STORY! Insider trading is alive and thriving!

  • @BolsakTBagger
    @BolsakTBagger 3 місяці тому +94

    our generation is unique in that we have had a pandemic, experienced the biggest stock market boom, multiple ongoing wars and a presidential assassination attempt. It would not surprise me if everyone does lose everything. I listed to Grantham's advice in January 2021. I've been in mostly cash and short ETF's. I'm losing my shirt in the ETF's and sitting in cash for 4 years really makes me feel dumb for taking his advice then but I am still confident the super bubble with pop. I just wish i didn't go cash too early.

  • @paulstanak689
    @paulstanak689 2 місяці тому +60

    The end is closer than anybody can imagine. Stop buying things you don’t need to survive..

  • @Marcene-v6b
    @Marcene-v6b 2 місяці тому +58

    The past 1979-1982, I never knew anything was wrong. I was in high school. 2008, yes, we forclosed, but I did not have investments, lived paycheck to paycheck. Today? I live paycheck to paycheck, all this investing stuff never really bothered me because I've always lived below the poverty line. I am used to being poor. I just keep SHTF stuff, extra food, water, and can live in a tent if I need to. I have before. Get a fishing pole, get a solar energy supply, learn to live off grid, how to cook on an open fire, live like your grandparents did 100 years ago. Its not impossible.

  • @alexandervanwyk7669
    @alexandervanwyk7669 Місяць тому +14

    I could never make sense of finances. All I know was work hard, live humbly and help one another, owe nobody anything and give thanks to the Lord. Today at 70 i still live a simple glorious life, rent some properties but still cant figure out this thing of investing. Saying that I see the walls are tumbling and Jesus is coming soon to take us home.

  • @randyosborne3971
    @randyosborne3971 2 місяці тому +79

    Congress is for sale. On the take. BOTH PARTIES. And Congress mandates the Federal Reserve. What could go wrong?

  • @coryromonosky1344
    @coryromonosky1344 3 місяці тому +74

    Is the massive reshoring of American manufacturing factor into these estimations of a total market collapse? Also, after spending 30 minutes telling us how terrible things are going to get, (and I don’t doubt it’s likely at some point) some suggestion of a course of action would be nice.

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +19

      Watch my video next week. I will give my suggestions for how I protect my money

  • @andrzejkaczorowski9203
    @andrzejkaczorowski9203 3 місяці тому +70

    Grantham was recorded in 2020? He talks his talk for years now. It is painful too not to ride the wave up.

  • @tinacraft303
    @tinacraft303 2 місяці тому +15

    Make sure everything you got is paid for. If it's not , it's not yours anyway. If you owe on it, sell it and buy what you can afford to pay for.

  • @HollyCotter
    @HollyCotter 3 місяці тому +45

    Ben, at the beginning of your video you said you would make suggestions at the end. However, all you did was replay and comment on what others have said. I watched because I wanted to see what your suggested solutions/actions were. I was left feeling very disappointed.

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +21

      Holly, good point. I realized that I did not give my solution. I will do that in next week video. Please forgive this misty.

  • @barrywood3561
    @barrywood3561 2 місяці тому +11

    Market has gone up and down for a hundred years. And always will. The sky is not falling but it's still best to be financially smart anytime

  • @jasonnull1692
    @jasonnull1692 2 місяці тому +30

    So what do we do to prepare????

  • @cyberaultrader
    @cyberaultrader 2 місяці тому +28

    It's ok ,they will own nothing ,but they will be happy !

  • @SirAlford
    @SirAlford 3 місяці тому +86

    Physical silver is the peoples money.

  • @michaelschiemer3
    @michaelschiemer3 2 місяці тому +5

    Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.

  • @wendyfay16
    @wendyfay16 2 місяці тому +7

    QUESTIONS:- 1. What does this mean for ppl in Australia? 2. What do people do? Invest in silver for tech/EVs/solar industry? Will silver be used in mftg if there's no money for ppl to buy things other than food & housing? I agree purely from a 'gut feel', but I don't know what to do about it. I have an elderly single aunt who's renting & very little savings. Not sure if she'll be around in the 2030's. How do I advise her?

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +2

      You ask great questions. Since I am not your advisor and we are in different countries, I cannot answer these. But you might try to find an advisor who is aligned with your investing philosophy.

  • @keithmahorney6533
    @keithmahorney6533 3 місяці тому +16

    Another great report on
    what these very smart men are thinking. Thanks Ben. Very educational channel.

  •  2 місяці тому +7

    NO FEAR HERE 😂
    THE ONLY TRUE ASSET THAT I HAVE IS THIS REMARKABLE IMMORTAL DIVINE SPIRITUAL BEING THAT IS THE REAL
    ME 👼👍

  • @Nemosaur
    @Nemosaur 3 місяці тому +8

    Thank you this great video
    I always look forward to the insights you find and offer

  • @angela-qh8gl
    @angela-qh8gl 2 місяці тому +12

    You know🤔 I actually don’t care about wealthy people losing anything…I have as much empathy for them as they do for the less fortunate and riding around on an ego wave has a harder bump at the end.

  • @MindfulProsperity-ICU
    @MindfulProsperity-ICU 2 місяці тому +12

    So that is all good to tell us the gloom and doom. Where is the solution? Where is the strategy of how to prepare? Most retirees funds are in a 401k. What is the move?

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +3

      My apologies for not giving a “solution” to this dilemma. I will do that on next week’s video.

  • @steveborchers2080
    @steveborchers2080 2 місяці тому +35

    I think he is 5 years late in his 2030 prediction. We are @ WW3 already.

  • @angelarich8455
    @angelarich8455 2 місяці тому +20

    When citizens vote irresponsibly its play time for a while and then the bottom falls out

  • @steveg4334
    @steveg4334 2 місяці тому +4

    I have great respect for these two gentleman. Nicely put together. Thank you.
    Subscribed.

  • @davidvazquez4341
    @davidvazquez4341 2 місяці тому +3

    When do I start shorting the market?

  • @darrenmunro2880
    @darrenmunro2880 3 місяці тому +5

    Davids been on the button for a while now.

  • @LKline81
    @LKline81 3 місяці тому +2

    Thanks for your videos. I really enjoy them. Your approach/views teach me to be more patient..

  • @anthonygood1335
    @anthonygood1335 3 місяці тому +17

    The "growth" companies already have stagnant earnings.

  • @LisaMitchell-f8e
    @LisaMitchell-f8e 15 днів тому +2

    I financed two different homes and lost my @$$. I bought two homes outright and lt left me free to worry about something else.

  • @beckybones
    @beckybones Місяць тому +1

    exactly,, how do we prepare?

  • @ShinzenAdmin
    @ShinzenAdmin 2 місяці тому +1

    Thank you. Very informative. Do you have any resources that would be helpful on strategies that might hedge against the upcoming events?

  • @CrashBr0
    @CrashBr0 3 місяці тому +3

    What do you think about Yellen calling attention to Brics Nations? Is the dollar in trouble? So many opposing opinions.

  • @ranhat2
    @ranhat2 2 місяці тому +3

    Will China's bulk purchases of gold affect us/all, slow or hold back the tide?

  • @robertmelendez3166
    @robertmelendez3166 3 місяці тому +3

    Bro I like David very polished individual.

  • @indsov2010
    @indsov2010 3 місяці тому +2

    I've been watching Anastasia forrrr, maybe 18 years now, and occasionally I actually muster enough focus, (after closing my eyes), to listen, but today was tough. I agree with her often, but I'll have to disagree with her on this short term analysis.

  • @sfknowledge
    @sfknowledge 2 місяці тому +2

    The key 🔑 to remember is our friends at the Federal Reserve have been wise … we still have the most gold reserves of any other nation on earth 🌎 ✨✨✨✨✨✨✨✨😊

  • @williamf.8893
    @williamf.8893 2 місяці тому +3

    Thank you sir. I liked your video.

  • @larrydemonte2218
    @larrydemonte2218 2 місяці тому +3

    If the fed starts to aggressively lower rates wouldn’t that be a negative for the markets?

  • @michaelking4578
    @michaelking4578 2 місяці тому +15

    The end is near.

  • @KN0852
    @KN0852 2 місяці тому +5

    How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

  • @debbyshapiro2125
    @debbyshapiro2125 2 місяці тому +1

    Really aporeciate your gracious approach.
    . S. Africa

  • @jorgej5916
    @jorgej5916 18 днів тому +1

    Most people in the USA don't OWN anything anyway. Everything is financed/borrowed/fractional ownership even their own body.

  • @Theda-p3p
    @Theda-p3p 2 місяці тому +1

    No one speaks about best places to live . Quality of life.

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +1

      Good point. Each of us has to figure out what quality of life means to us.

  • @702cody
    @702cody 2 місяці тому +4

    He did say in the first few minutes that he would showcase a way to make the most of his predictions and benefit from it, but that was either clickbait or he forgot to include it in this video.

  • @Helm-w1q
    @Helm-w1q Місяць тому

    What they loose, they didn't need. It has been sociality's constant pursuit to gain more that brings this about.

  • @steveos5112
    @steveos5112 3 місяці тому +9

    We are all doomed. Nice knowing you.

  • @icucmerc
    @icucmerc 2 місяці тому +4

    Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.

  • @bccoregon
    @bccoregon 2 місяці тому

    Is this a new interview or a re-hash of an old interview?

  • @gustavogamboa3993
    @gustavogamboa3993 2 місяці тому +1

    Great report and interview...sit and watch

  • @lincoln-tser
    @lincoln-tser 2 місяці тому +2

    I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow for retirement?

  • @bigbandguru
    @bigbandguru Місяць тому +1

    We have a problem with corporate greed.

  • @grahameelton1899
    @grahameelton1899 Місяць тому

    So assuming the 2025 scenario is correct and sometime after we meet massive inflation and the end of a super bubble, how do we even begin to prepare? Cash and stocks are going to be worthless it seems.

  • @davidcowan4705
    @davidcowan4705 Місяць тому

    Today is September 8th, 2024 and according to technical analysis, the QQQ (Nasdaq) is about to drop BIG. It started last Tuesday. I have PUT option contracts on the QQQ as it is about to drop hard.

  • @DMathew-m5i
    @DMathew-m5i 2 місяці тому +2

    Awesome that you show several views.

  • @PapiChulo-t1s
    @PapiChulo-t1s Місяць тому

    How can I protect my stock portfolio of around 800K? I don't want to get burnt out. Will the rate cut lead to inflation? I'm very worried about my portfolio losing value. Do i move to 100% cash? I just have a ton of questions.

  • @Watching58
    @Watching58 2 місяці тому +2

    Thanks for all the comments…putting in time elsewhere

  • @annetteringo6544
    @annetteringo6544 2 місяці тому +4

    Most people have already LOST 98% OF ASSETS DUE TO HIGH EVERYTHING. 😮😮😮

  • @charleskellymoneytipspodca9121
    @charleskellymoneytipspodca9121 2 місяці тому

    Good English correction 👍. Nice to see people using correct English nowadays. 👏🏼

  • @robertmiller2173
    @robertmiller2173 Місяць тому

    The USA’s economy imploded in 2008, I remember it very well, in those days I had an American Express Card and a GE Visa……both were offering 6 month Interest Free terms here in New Zealand and Australia…..and then the Great Financial Crisis happened in the USA…..Next Minute American Express wanted its payment in Full….which only took me 2 Weeks to organize, the debt doesn’t sound that much now but it was about $9,000 USD at the time…… but everybody (Banks etc) were in a self for filling profercy and make everything worse. I Also Paid of GE. I have never touched anything that has an association with the US Banking System!
    Here in Australia and New Zealand we have good debt to GDP ratios, especially in New Zealand…….
    I think David needs to go see his doctor and get some anti depressants!
    Yes China is going to fall off the cliff, along with Russia……
    Economics has advanced dramatically since 1929….. and the revenge economics imposed on Germany..
    Today the British, German, French, Japanese, Chinese, S.Korean economies and the USA aren’t the only kids on the block!
    David where did you get your economics degree?

  • @vig2712
    @vig2712 2 місяці тому +2

    This is the result of all by themself mentality, when you don't build a solid welfare system and instead focus on individual and meaningless richness you are creating a world without meaning. We have to build a sosiety where people are what i important, not materialism. This is the most sustainable way to live for both humans and the planet.

  • @peterwilson9327
    @peterwilson9327 2 місяці тому +3

    What does the fed have tons of?
    (Hint: It aint paper)😮

  • @cbrogers4614
    @cbrogers4614 2 місяці тому

    Is this an excerpt from the WEF playbook?

  • @paulruswalrus
    @paulruswalrus 2 місяці тому +1

    Here’s my suggestions for what to invest in.
    1.) Manual well pump
    2.) wood burning stove and wood
    3.) food stockpiles with long shelf life
    4.) LEAD
    Civil and world wars are coming. Repent before God and prepare for the worst.

  • @sps6
    @sps6 2 місяці тому

    what would happen to emerging markets doing well during the crash?

  • @ozvikings
    @ozvikings 2 місяці тому

    Just a question on the coming new financial system. Where will banks get their capital from if they cannot do there fractional ponsi act no longer?

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +1

      Banks fail if they are too leveraged and without adequate liquidity and capitalization.

  • @pinschrunner
    @pinschrunner 2 місяці тому +4

    Inflation at 25% and interest at 10-15% has people losing their purchasing power at a fast pace. I believe it is happening already at a much faster pace, but no "official" talking head is admitting to the real level of current inflation for the oast several years. If you keep changing the basket of goods in the indices to manupulate the numbers down, they simply do not reflect the current circumstances.

  • @sdcaeastcountyfamily
    @sdcaeastcountyfamily 3 місяці тому +1

    Great stuff, as always. Thank you

  • @GenXAlpha
    @GenXAlpha 2 місяці тому +1

    Thx Ben - just discovered your channel. Great content 🙏

  • @walterkuhn8360
    @walterkuhn8360 2 місяці тому +2

    Very good information, thank you!

  • @johnhands5282
    @johnhands5282 2 місяці тому +2

    Warren Buffet is sitting on a lot of Cash right now. Ready to buy when the market corrects.

  • @emilysevastou5075
    @emilysevastou5075 2 місяці тому +1

    Most people have nothing to loose!

  • @richardouellette7719
    @richardouellette7719 2 місяці тому +1

    What do you recommend folks do to their 401k savings if something like what Peter describes happens?

  • @momexcel
    @momexcel 3 місяці тому +19

    If we let WEF continue yes. WEF needs to be stopped! Trump will stop it.

  • @mjbalmmac1588
    @mjbalmmac1588 2 місяці тому +1

    Thank you. Very insightful

  • @AboutFace-gq1tx
    @AboutFace-gq1tx Місяць тому

    Pls turn up your volume, Ty.

  • @RonaldCorley-zl1md
    @RonaldCorley-zl1md 3 місяці тому +4

    Great Truth Video.

  • @ninabeach1
    @ninabeach1 3 місяці тому +4

    The market always goes up in the long run.

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +7

      If you are looking out 20 to 30 years you are correct

  • @ArkOmen1
    @ArkOmen1 3 місяці тому +10

    It's not a super bubble now? lol

  • @SaveManWoman
    @SaveManWoman 2 місяці тому

    The deflation of two centuries in one is coming. Everyone should sell all. Cash will be king.

  • @AndreBrongniart
    @AndreBrongniart 2 місяці тому

    What is the impact on Crypto? Considering it's an investment vehicle/property, I imagine it goes down with this new great depression? Bare in mind BTC is programatically minted, you cannot mint more than what the algorithm will allow so it has no central minting press, and in that sense it will probably have a lot more value than almost any asset along with precious metals and physical resources.

  • @somai_1
    @somai_1 2 місяці тому

    How much of a % loss is a crash? And how many years would it take to recover?

    • @Reppondinvestments
      @Reppondinvestments  2 місяці тому +1

      I generally think of a crash as 30% or more drop in the S&P. However many are 50% or more. Recovery times vary, but it can certainly take years.

  • @LeslieDavis-no4ew
    @LeslieDavis-no4ew 2 місяці тому

    Thank You so much for your channel because of gentlemen like you I have 0 Debt and I'm all Assets for year's now Once again Thank You ❣️Bye the way I'm 61 and I will be collecting my Social Security Check next year and I will still be working for just one more year after that I'm currently in Construction 🚧

  • @davidbradley3735
    @davidbradley3735 2 місяці тому +7

    Most people will lose everything? Where does it go when you lose it? To billionaires attempting to be trillionairers using their power to fix the gane!

  • @helenkessler6012
    @helenkessler6012 3 місяці тому +3

    Good morning Ben.

  • @bobjelliffe7270
    @bobjelliffe7270 2 місяці тому

    Thank you for the update 🙂

  • @KenHubbard-jz1vq
    @KenHubbard-jz1vq 3 місяці тому +3

    WHAT ABOUT GOLD

  • @robertwidby2205
    @robertwidby2205 20 днів тому +1

    Instead of gloom and doom every day, why don’t all the brainiacs of finance form a conglomerate and fix things for the better. Where is our military?, where ARE all the super intelligent finance gurus? Let’s arrest the evil ones and get back to good business!

  • @bjd4148
    @bjd4148 2 місяці тому

    ok but what are our safety nets .. gold, silver, bins not stocks ?????? please be helpful not just doomsday

  • @mammmmmoth
    @mammmmmoth 2 місяці тому +1

    The market is so much bigger than it’s ever been.

  • @ianmc6063
    @ianmc6063 2 місяці тому

    The super bubble has been going on for decades...that music stops when the Dollar loses it status. My speculation. Personally I would hedge...stocks, bonds, silver, gold (physical), real estate, crypto. Don't know what's gonna win out. Either way tho, if a crypto wins out, or another competing currency...all those assets you hold in dollars will likely go up too. Another speculation...next financial crisis will be the 'shoe in' for next global reserve, either by the Fed or East BRICKS.

  • @dougwheeler4549
    @dougwheeler4549 2 місяці тому

    Actually they will not lose everything. They will still have their massive irresponsible credit card and borrowed money debt. All living way above their means just for show and superficial prestige.
    Thats all it is. It isn't any Governments fault or even responsibility. Its all on that one person and their quest for a life style they cannot afford.

  • @tmclean9
    @tmclean9 Місяць тому

    Here's what Jeremy predicted in the beginning on 2023: Jeremy Grantham just explained his stock market predictions for 2023, and his outlook for the next couple of years is pretty alarming. Grantham believes that the first, most predictable leg of the bursting of the bubble is complete but that the next phase is a highly uncertain one that he estimates could cause the stock market to fall as much as 70%.
    In a memo he wrote this month, Grantham explains the numerous economic factors currently at play, including the precarious global housing market, the yield curve inversion and many more.
    any of which could be the catalyst for a more significant stock market crash, something he calls a ‘polycrisis'.

  • @dsmith9572
    @dsmith9572 2 місяці тому

    This is great!

  • @michaelgibbons
    @michaelgibbons 2 місяці тому

    Great analysis.

  • @somai_1
    @somai_1 2 місяці тому

    So how you protect your investments?

  • @Sofaguy101
    @Sofaguy101 2 місяці тому

    Don’t save for the future..There will be no future..Spend now and have a good time

  • @lucaspaciello866
    @lucaspaciello866 2 місяці тому +3

    Bitcoin is often likened to digital gold, but a more accurate comparison might be to oil or nuclear energy. Unlike gold, which is primarily a store of value, Bitcoin has the potential to power a new world order that moves away from centralisation and the pitfalls of dictatorial governance. Our current global challenges stem from centralised financial systems that exclude many individuals. Bitcoin, on the other hand, enables the decentralisation of finance, media, and governance, among other things. Bitcoin is the base layer of the new world....managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Flora Monticola, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

  • @heinzbucksandcastle2053
    @heinzbucksandcastle2053 2 місяці тому

    Dude no transfer payments? That is not possible because the system would collapse.

  • @Bruhne
    @Bruhne 2 місяці тому

    Very good!

  • @protasiocanalita6436
    @protasiocanalita6436 2 місяці тому

    Sir, I can understand why we have to be slaves ok. I heard you loud and clear suh????