2008 financial crisis

“And for reference in 2008, when we went through, you know, a cataclysmic shock to the system that threatened the banking infrastructure of America and a potential contagion to the world that destroyed 19% of the world's global wealth at that point.”

“What happened in 1938, in terms of the depression leading to the wars and so on, and the interest rates hitting zero, is the exact same thing that happened in 2008. It was because I studied that, that I, we were able to make a lot of money in the 2008 financia…”

“Now, I don't think that any of that is as leveraged as what we were talking about, this like 10 to one situation in 1929, or maybe, or even like the subprime situation in 2008.”