This isn’t your typical VIA interview, but a collection of wisdom from a few investors we have interviewed in the past. The topic is – lessons from the 2008 crisis. A decade has passed since this crisis (time flew, again!), and most lessons would have been forgotten (we have short memories).
As we see around, investors – especially new than old – are practicing speculative behavior. Not many investors who felt the pain in 2008 would possibly think this is a good idea even if no major crisis may be lurking around the corner. And this is exactly what came out from the questions we asked a few seasoned value investors, who were close witness to the crisis in 2008.
Below are their lessons from the crisis, how has their thought process changed (if it has) in this past decade, and their advice to new investors on dealing with similar such crisis in the future.
Shyam Sekhar
Shyam is a value investor and the Chief Ideator and Founder of iThought.
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