I want to take this episode to talk about one of my favorite concepts when it comes to investing – and I'm sure you’ve heard me say it before – and I’ll say it again, we cannot time the market. A french mathematician named Louise Bachelier first coined the random walk theory term – and he pretty much said that share price movement, or prices in the market, were like steps taken by a drunk.... unpredictable.
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If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.