We are now finding ourselves in a place where there’s a lot of speculation regarding what will happen next in the markets. Alastair MacDonald is a private advisor and expert in economic, social, market, and financial forecasting, and he joins me on the show to discuss and expose a lot of these speculations. He also shares some solid methods to plan for the future and make sure you’re paying attention to the right things in order to secure your finances.
Listen in as Alastair explains what it means to be a half-cycle entrepreneur, as well as why it’s so important to understand the market and what to do when it changes cycles. You’ll learn the downfall of many so-called forecasts and why it’s important to understand the pros and cons of extrapolation of all kinds. Alastair also shares key insights into what’s going on in the markets now and how to make your business and your finances cycle-proof.
- 2:28 – Our current market state and the importance of understanding the market cycles for yourself.
- 9:20 – What it was like growing up in Zimbabwe and getting into the financial field.
- 15:45 – What Alastair learned from diving into 350 years of market and finance history and the shift that changed everything.
- 17:19 – Why the markets are an auction system.
- 19:03 – The danger of saturation in opinion.
- 23:03 – How to become a full-cycle entrepreneur and what to look out for.
- 32:40 – How to earn your place as a forecaster.
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