EPISODE · Oct 21, 2019 · 1H 15M
#73: We're *ALREADY IN* Recession IMO. So Whaddya Do ?
from Business News and Other Sh!t · host Amer Abdullah
Tho it ain't official, I think we're in recession. Why? Recessions LAG data. Here's the data: - China Slowest GDP in 30 years. - Inverted yield curve. - Europe in recession. - Capital spending droppin. Should you sell your stocks to try and time the market? HELLLL NAW!!! Click and listen as our guest Masroor Ahmed drops some serious street cred on how to be a long term investor. Comedian Noshod Barrow joined us too - he shared some stories from his cross country running days (RUN *BLACK* FORREST, RUN!!) and his military school days. As for Masroor, this dude is VP of Finance (aka 'cheddar manager') for Factor 75, a food service company. He basically tells CEOs and CMOs how much they can spend, where they should spend it, and what prices they should charge for all their products. CHEDDA-MANAGER! He breaks down how to make that bread and how to keep that bread. Finally, Noshod decided to bring up "ego death" as a topic. aka Nirvana, enlightenment, ma'rifa. Know it? We take a stab at it, listen in to find out how to obliterate your s-e-l-f. Make cheddar and chill, - Amer SHOW HIGHLIGHTS 03:28- Noshod’s introduction 04:52- Hair loss 05:48- Introducing Masroor 08:55- Rap Swagger 11:06- Amer’s Bollywood Dance 11:26- Masroor’s origins in Alaska and India 14:05- Masroor, VP of Finance Factor 75 18:40- Working in finance, Deutsche Bank 26:05- Success and failure 28:15- Ego in comedy 30:40- Masroor's experience in business 33:04- We’re in a recession 41:04- China's economy is slowing down 42:40- Who’s affected by slowing economies 44:55- Questions from the audience 47:40- Selling your portfolio in a recession 50:10- Ego death 54:50- Meditation 59:15- Do not sell 01:02:45- Buy low, Sell high 01:05:30- Snowballing your investment 01:06:30- Should you invest in stocks or your own business? 01:11:10- Charlie Trotter’s Connect with Amer and BNOS: Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2 Visit the Amer Abdullah BLOG: http://amerabdullah.com/ Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit Follow BNOS on Twitter: https://twitter.com/theamerabdullah Follow BNOS on Instagram: https://www.instagram.com/theamerabdullah
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#73: We're *ALREADY IN* Recession IMO. So Whaddya Do ?
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