In this podcast episode, the host explores the intricate world of investing over the past twenty years, disputing the idea that it has been straightforward. The discussion highlights key economic events that have shaped investing, including the 2008 financial crisis and the COVID-19 pandemic. By comparing past realities to our current perceptions, the speaker illustrates how hindsight can skew our understanding of both successes and challenges. Ultimately, the episode reveals that successful investing involves navigating discomfort and uncertainty, reminding us that while trends may seem obvious in retrospect, they often come with significant unpredictability in the moment.