Episode 112

Is the cure worse than the disease? In this episode Carter and Mo reflect on the pandemic and the effects of quarantine on businesses, and the people who run those businesses. Is this strategy of quarantine the right one?Making decisions is often tricky. You may follow a particular path and then suddenly decide not to pursue it. Because it doesn’t feel right. Carter has realised that some of the business decisions he made prior to the pandemic were the right ones. It’s a reminder that sometimes you have to trust yourself and listen to your gut.• The inconsistency of income when running a business (00:29)• Proformas versus the real story (01:52)• The joy of finding a motivated seller (04:02)• The ways in which technology is helping us get through these times (08:21)• Is technology contributing to the anxiety and panic around Covid-19? (09:31)• The rise of ways for people to get their opinions out there and how it amplifies the noise (13:26)• Now that we have some numbers is it time to start changing what we are doing? (20:11)• Does the information we now have mean the government should consider changing strategy (24:43)• Is being in quarantine causing more suicides? (25:27)• If business are going out of business now they were already dicey before the pandemic hit (32:53)• The trouble with leveraging when buying property (34:27)• The weirdness of having freedom taken from you even for a short period of time (39:58)• The advantages of staying small and not getting into bigger, riskier deals (41:13)• Having the confidence to listen to your gut (42:26)• Being honest with yourself about your judgements (45:16)• It be interesting to see the life changing revelation people will have during this time (46:48)12 Rules for Life: An Antidote to Chaos by Jordan B. Petersonhttps://www.amazon.com/12-Rules-Life-Antidote-Chaos/dp/0141988517The Signal and the Noise: Why So Many Predictions Fail--but Some Don't by Nate Silverhttps://www.amazon.com/Signal-Noise-Many-Predictions-Fail-but-dp-0143125087/dp/0143125087Contagionhttps://en.wikipedia.org/wiki/Contagion_(2011_film)World War Zhttps://en.wikipedia.org/wiki/World_War_Z_(film)Spanish Fluhttps://en.wikipedia.org/wiki/Spanish_fluRobert Kiyosaki