The prediction was that the boom in assets like SaaS, Nasdaq, S&P, and crypto could continue for at least five years from late October 2021 without a major reversal. In reality, a broad and sharp reversal happened within about a year:

• S&P 500: After a record close on January 3, 2022, the S&P 500 fell more than 20%, officially entering a bear market and ultimately declining about 25% peak‑to‑trough in 2022—the worst year since 2008.(cnbc.com)
• Nasdaq (growth/tech): The Nasdaq Composite entered a bear market from November 2021 to December 2022, with a decline of about 33% over 2022.(nasdaq.com)
• SaaS / cloud software: The BVP Nasdaq Emerging Cloud Index (a common SaaS/cloud benchmark) fell 60.2% from its high in November 2021 to its low in June 2022.(wisdomtree.com)
• Crypto (Bitcoin as proxy): From October 2021 to November 30, 2022, Bitcoin’s closing price dropped about 60.8%, with lows in the mid‑$15k–$17k range.(statmuse.com)

A decline of 20%+ is the standard definition of a bear market and is widely regarded as a major reversal. Since multiple cited asset classes experienced 30–60% drawdowns within roughly a year of the October 2021 podcast, the condition of “no major reversal for at least five years” clearly failed.

Therefore, the prediction is wrong.