“When Trump was elected in 2016… I sold most of my equities… six months later, I recognized the market… and I bought back in. I basically reduced my net worth by 20 or 30% by having an emotional reaction.”

Scott Galloway · BiggerPockets Real Estate Podcast · Scott Galloway: Stop Being an Earner, Start Being an Owner

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What was described

Sold most of his equities when Trump was elected in 2016, then bought back in after the market surged six months later

Reduced net worth by 20-30% due to the sell-off; bought back in six months later

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