How do you plan for you future when the future is as uncertain as it is today?
Mel,
How do you plan for you future when the future is as uncertain as it is today? Well, there is an old saw that goes, "Those who forget history are doomed to repeat it." The only way you can really plan for the future is to look, discerningly, at what happened in the past. The past often DOES tell us about the future. But entrepreneurs and businesspeople in general, don't seem to grasp that when it comes to planning, investing, buying, selling. We get overly optimistic when the economy is booming. And overly pessimistic when the economy it's sliding downhill. And both can lead to catastrophic losses and bankruptcy. What should we be learning from past business cycles about what will happen in the near and not-so-near future? That's what I'm going to ask Akhil Patel. Akhil has been researching and writing about economic cycles for a decade and has tracked the present one since 2012, making a number of prescient calls for readers of his newsletter. Akhil is Director of Property for Sharemarket Economics and Editor of Cycles, Trends and Forecasts, a financial newsletter published in London. His work has been featured in MoneyWeek (the UK's largest financial publication), and he is a regular commentator on business news on BBC Radio and investor channels such as IGTV. Akhil will show us… - where we are in the current cycle
- how it has been affected by the COVID crisis
- the impact of the US election on the cycle
- what's coming next in this decade
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Carpe diem, Perry Marshall
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