In this episode, the speaker, an experienced investor with over 15 years and 3000 deals under his belt, addresses how to navigate and make money in a down economy. Reflecting on his own start in the 2006 recession, he distinguishes between ‘want-to’ and ‘have-to’ sellers in the real estate market, emphasizing the potential of working with the latter during economic downturns. This principle, he believes, is applicable to all investments. Using Justin Bieber’s 2022 purchase of a Board Ape NFT as a cautionary example, the speaker highlights the risk of ‘want-to’ investments that can depreciate significantly during economic recessions.