Protecting Your Portfolio in a Bubble, and Is a Move to America Worth the Money?

Galloway argues investors should stay fully invested but diversify aggressively, since market timing has proven impossible even at CAPE ratios near dot-com-bubble levels.

• Diversify, don't time: Galloway says the CAPE ratio sits at 41 (long-run average ~17), the second-highest reading in 145 years after December 1999, but market timing 'has proven to be impossible.'
• A $500K personal lesson: Selling all his stocks after Trump's 2016 election, then buying back higher after paying capital-gains tax, cost him roughly 40% of his liquid net worth in stocks.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.