Mailbag, incl: What does a recession actually look like? August 30, 2026

**Andrew Page** (0:02)
A LISTNER production. Cheers. Market. The SP.

**Scott Phillips** (0:06)
The ISX. This is the Motley Fool Money mailbag.

**Andrew Page** (0:10)
Welcome to Motley Fool Money. Yes, it's Sunday. Yes, it's special. The sun's out, the birds are singing, the sun is shining, it's a beautiful day. Or maybe it's not. I wouldn't know, it's Friday. No, it's actually Thursday. We are pre-recording this as we always do, and insert Andrew Page's famous friend, joke about pre-recording podcasts.
Also, insert the new news that while NVIDIA is impressive, straw man is even impressiver. It is literally the, it puts the U in unicorn, it puts the corn in unicorn, the straw in straw man, and a glint in Andrew Page's eye. He is, of course, the man who invented it. He is the man behind Australia's premier online investment club. We prefer to know him just simply as Ram. Mate, how are you?

**Scott Phillips** (0:50)
Very good, thank you, my friend. Very good. And also, congratulations, there was a book. Well, I got a little book in my letterbox during the week.

**Andrew Page** (0:59)
Did you know?

**Scott Phillips** (1:00)
I did.

**Andrew Page** (1:00)
You know what's even more impressive for those listeners who are regular listeners, and this is probably on me, frankly, Andrew is notoriously tired, as he will happily tell you himself.
I should have sent you, I actually now feel really bad for not sending you a copy of the book. Well, you know, I didn't think, all right. I know, I know, I know. I genuinely am feeling bad. But you bought it out of your own money.

**Scott Phillips** (1:18)
I sure did. Which is not, I actually didn't buy anything. I didn't buy a damn thing. I made an investment.

**Andrew Page** (1:26)
Very, very good. Just think about how many sats that could have bought, mate, if you want to cry.

**Scott Phillips** (1:30)
Oh, I don't want to think about that.

**Andrew Page** (1:33)
I haven't said the word sats in a very long time. There's a review at least on this podcast. So there you go, bringing it back.

**Scott Phillips** (1:38)
Very nice.

**Andrew Page** (1:39)
Very nice. What's the sats?

**Scott Phillips** (1:40)
Don't change the subject. I'm trying to I'm trying to celebrate an event here.

**Andrew Page** (1:45)
Thank you.

**Scott Phillips** (1:46)
It's a milestone, mate. Well done. And I also happened to notice that you're in the top best sellers list.

**Andrew Page** (1:53)
Yes. Thank you. Thank you. Thank you. Seeing you ask, the one page investment plan is the name of the book. You can get it all good booksellers, wherever good books are sold, as they used to say in the good old days. These days, there's probably Amazon or Booktopia. Can I tell you a funny story? This is this is absolutely on me, mate. And this is just this is just a fun story. So the books officially have a launch date. And it was this Wednesday, just gone the 26th of August. And the idea is that the book we just put the whole whole books back and put one on the shelf on that date. So they get launched at the same time.
And they don't always. So I had some people tell me their Amazon book had, so the Kindle book was out on Monday, which was kind of cool.
So that was fun. I woke up Tuesday morning and was like, oh, it's there. That's awesome. A day ahead of the release date. That's okay. That's fine. I'd been warned they might've done that. And then on Tuesday, I had some people who apparently got an early copy delivered from Amazon, which is very cool.
So that was kind of fun. So Wednesday morning, I go, and this is just cringy for all the reasons, but hey, I'm never shy of cringing at myself and letting others share in my cringiness. I thought, you know, I should do for socials. I should do the whole book on the shelf in the bookshop thing. Cause that's kind of, yeah, a bit of content. Let people know what's out there. And by the way, if you follow me on Twitter or Facebook or Insta, I know there's been a lot of book spam and kind of sorry, not sorry. Like I know it sucks, but also you've got to get one chance to launch a book. And I've kind of got to hustle, right? So I know it's probably too much. And I apologize if I've filled your feed with stuff that wasn't relevant. I'm trying to make it relevant and interesting, but you know, anyway.

**Scott Phillips** (3:14)
Put it this way, if you think that 99% of the stuff you're scrolling through is not trying to sell you something, we need to have a very serious conversation.