- December 4, 2025
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Matt Harrell would like to clear up some misconceptions about insurance, especially the high-stakes, big money variety in which he trades.
“I can’t give you hard statistics, but there’s probably more money that flows in and out of the insurance industry than any other industry,” he says. “The whole concept is that [insurance companies] collect money and hold it for claims that they might have to pay out in the future. But once you’re holding that premium money and don’t have to pay it out, what do you do with it? You invest it into the stock market, real estate market, bonds, etc. And so trillions of dollars are being held in real estate and stocks and if you turn that off it would have a tremendous effect on economy.