“Markets can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Phil is a mortgage market maker for over two decades, partner of EPM, and President of appraisal nation.
00:00 Intro
10:30 Preparation allows you clarity when necessary and context when appropriate when things don’t go to plan.
23:18 A lot of work, no money.
35:50 Phil explains what exactly it is that he does within his career in the mortgage industry and how his background pathed the way.
45:59 “I would say I far exceeded my best expectations.”
01:00:30 Be the most forward thinking.
01:11:43 “It’s so easy to be successful in this industry, and I never had to do anything crazy.”
01:21:25 Phil explains how the financial status of the country has changed and the patterns he sees daily that stand out to him.
01:32:41 “If you don’t think that we’re in the shit, and if you don’t think that the Fed is eased, Folks, you’re not looking at the reality of things.”