Grant Cardone Says a Billionaire Once Told Him 'The Optimist Will Always Do Better Than the Doomer' — Life Goes On, No Matter How Bad Things Seem

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You've heard the expression: it's not the extremity of the world. The comic happening is—no substance however atrocious things get, it virtually isn't. Headlines scream. Markets drop. People panic. But then, slowly, quietly… things support moving.

Real property capitalist and entrepreneur Grant Cardone leaned into that thought successful a caller station connected X, sharing a acquisition from a billionaire that reshaped however helium thinks astir risk, money, and timing.

Speaking from his location gym, Cardone reflected connected a play erstwhile fearfulness was driving his decisions.

"I was brought up by a azygous mom… successful my household we were ever waiting for the different footwear to drop," helium said. "I benignant of invested and done concern similar that my full life, waiting for thing atrocious to happen."

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That mindset wasn't conscionable emotional—it showed up successful his numbers.

"If they said 3 months was the close magnitude to save, I would prevention 9 months oregon a year," helium said. "I deliberation I had 3 years of savings astatine 1 constituent due to the fact that I was waiting for thing atrocious to happen."

Here's wherever reality—and data—starts to propulsion backmost connected that fear.

After the 2008 fiscal crisis, the S&P 500 didn't conscionable recover—it went connected 1 of the longest bull runs successful history, climbing much than 400% implicit the pursuing decade. Real estate, which had been astatine the halfway of the collapse, rebounded sharply, with U.S. location prices yet surpassing pre-crisis highs.

Then there's 2020.

When COVID hit, markets dropped fast—the S&P 500 fell astir 34% successful a substance of weeks. It felt catastrophic. Businesses unopen down. Entire industries paused.

And then? The marketplace bottomed successful March 2020 and went connected to deed caller highs wrong months.

The system didn't disappear. It adapted.

That's the signifier astir radical miss portion they're bracing for impact.

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Cardone said the turning constituent came erstwhile a billionaire reframed however helium saw the world.