Podcast Episode #304: Alastair MacDonald - Economic Analysis in a Highly Volatile Market Part 1
Episode #304: Dentist Freedom Blueprint Podcast
Alastair MacDonald - Economic Analysis in a Highly Volatile Market Part 1
We are now finding ourselves in a place where there’s a lot of speculation regarding what will happen next in the markets. Alastair MacDonald is a private advisor and expert in economic, social, market, and financial forecasting, and he joins me on the show to discuss and expose a lot of these speculations. He also shares some solid methods to plan for the future and make sure you’re paying attention to the right things in order to secure your finances.
Listen in as Alastair explains what it means to be a half-cycle entrepreneur, as well as why it’s so important to understand the market and what to do when it changes cycles. You’ll learn the downfall of many so-called forecasts and why it’s important to understand the pros and cons of extrapolation of all kinds. Alastair also shares key insights into what’s going on in the markets now and how to make your business and your finances cycle-proof.
2:28 – Our current market state and the importance of understanding the market cycles for yourself.
9:20 – What it was like growing up in Zimbabwe and getting into the financial field.
15:45 – What Alastair learned from diving into 350 years of market and finance history and the shift that changed everything.
17:19 – Why the markets are an auction system.
19:03 – The danger of saturation in opinion.
23:03 – How to become a full-cycle entrepreneur and what to look out for.
32:40 – How to earn your place as a forecaster.
Featured on the Show:
Alastair MacDonald: TEDx | DSN | Facebook
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.