00:00The stock analysis just doesn't matter in the context of the bigger story.
00:04And the story for 2022 was the story about inflation and interest rates going up to fight
00:09that inflation. So don't fight the Fed because no one can make money under these conditions.
00:15But I also learned that the reverse is true because when you get interest rates close to zero
00:19and when no one's worried about inflation, that's when everybody looks like a genius because
00:25everyone's making money, investing into everything. It was the risky stuff and tech stocks that made
00:31the most money from 2020 to 2021. And it was the dividend and the boring investing strategies
00:37that made the least amount of money. But now in 2022, the story switched. It's the risky stuff,
00:44the tech and small cap stocks that suffered most and the dividend investing that did the best.
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