Jason Hartman starts today’s show with a tribute to Jack Bogle, who truly changed the world of investing and was a figure that Jason could model his beliefs about fighting for the little man after. He also discusses some important lessons we can learn about questioning advice we hear to ensure it’s best for our purposes, not just the benefit of the person making the pitch.
Then Jason talks with Harry Dent, author of Zero Hour, about Harry’s optimism about our economy, the impact the high end real estate softening is going to have on all of the housing sector, why demographics are NOT looking good for China and other Asian countries, and more.
[4:54] Farewell to Jack Bogle, you need to read his books if you haven’t yet
[7:59] Be wary when listening to people telling you about ways they can “help” you while investing and make sure you figure out if it’s really worth doing
Harry Dent Interview:
[12:49] Why is Harry more optimistic about our future than usual?
[17:23] People in San Francisco hate big tech companies like Google because they’re driving up costs beyond reason
[19:48] The high end housing market is already softening, but how far down will the slowdown trickle?
[25:20] China’s demographics have them looking straight into a disaster
[29:59] The hottest coming sector for the next 10-15 years in the US
[32:50] There are 2 waves of Millennials and the 2nd hasn’t entered the workforce yet