Imagine being able to go back 25 years and start your investment journey all over again. What would you do differently? That's the question we explore today with Matt Lewison, CEO of OpenCorp and Michael Beresford, Executive Director - Investment Services at OpenCorp..
Key Points:
- Initial Blunders and Misconceptions: Matt shares his early experiences in investing, highlighting his advantage of starting young without the fear of debt. However, as his portfolio grew, so did his apprehension towards borrowing.
- The Impact of Interest Rates: Matt reflects on the profound impact of interest rates on his investing journey, emphasizing the importance of managing cash flow during periods of rising rates.
- Lessons Learned: Matt discusses the lessons he learned about debt, risk, and the importance of leveraging opportunities, stressing the need for a balanced approach informed by education and expert guidance.
- Navigating Market Volatility: Matt provides insights into navigating periods of significant market volatility, emphasizing the value of informed decision-making and filtering out noise from uninformed sources.
- Reflecting on the Journey: Both Matt and Michael reflect on how their lives would be different if they could redo the past 25 years, highlighting the personal growth and satisfaction derived from their investment journeys.
As the conversation wraps up, Matt and Michael express gratitude for the lessons learned and the opportunities gained over the past 25 years, offering advice for listeners embarking on their own investment journeys.