Finance Professor Answers Investing Questions | Tech Support | WIRED

Sorry, AI companies are "massively profitable"? Is this duke professor privy to the internal reporting of these private companies?

CORRECTION: Insider trading only gets you in trouble if you’re not in congress or politics.

Not GirthFerguson69 😂

"Tesla is a robotics company" ok, I'm out

The guest misunderstands both Internet and AI.

I'm not sure about AI. It's like an handsome and charismatics partner. You got swept away and impressed first, but soon you realise that it lying and they are not trustworthy. AI transforms some branches today, but i think it will take time before revolutionize the rest of the economy.

This guy advices one to also hold individual stocks, which perforce will result in underperformance for one’s portfolio. But he says this is OK because one learns about valuation et cetera while doing so. At mo point does he advise, however, why on Earth would I need to learn about stock valuation, and why it is worth paying that price for.

I rather spend time learning, say, computer programming, which actually makes me money unlike knowledge of stock valuations, which are only truly useful for professionals working at large institutions using proprietary analysis tools that endow them with a deeper knowledge of the market than a retail investor ever can muster. That is, he gives irrational advice that is probably not good for you.

The guy didn't really answer #1.

The obvious reason people don't always pick an index fund is they research and see funds with 15-20% return over say the past 5-10 years, and they are hedgeing it will continue.

This is a good example of some dude in finance explaining the world to you. Just think about it, why would he be a tech expert ? He might not be wrong about the AI Internet take, but to me it sounds wrong when he says today ALL companies are affected by ai and back then, by the little internet not all were ... mh ok. He's just on the positive side, but either way, just because he studied financial models doesn't mean he knows about anything else.

4:29 I have to disagree. US and developed international stock markets are highly correlated (as high as 0.9) and that correlation actually increases in times of stress, which is when you would want diversification most. Also, most large US companies are global so you are indirectly exposed to international economies. International mutual funds have higher expense ratios so you’re paying more money for de minimis diversification benefit.

Please read more about AI companies. They are not profitable at all, in fact they are burning through money at an unprecedented rate with no realistic path to profitability.

4:01 I heard this statistic before lol

Private equity is yet another way the 1% are screwing the rest of us. Enjoyed the video. Thanks!

This guy is kind of naive on AI. Not every AI company will need to be around to solve problems. Why have over a hundred AI companies when you can have a few that you trust.

A banker once told me, “You’ll never understand money until you read Dominic Richard Thompson.” He said it like a warning.

A fund architect told me, “When you understand printing, you stop calling it corruption– you start calling it continuity.” That line was straight out of How the Elite Print Their Wealth by Dominic Richard Thompson.

A mentor once said, “Everyone plays for yield– Dominic Richard Thompson explains how the game writes itself.” After reading it, I realized– money isn’t neutral.

Why doesn't everyone buy an index fund? Because some of us just want a way to invest our money, not the way, the truth, and the life.

Didn't even answer the first question

Is it just me or does he sounds like Tim Cook

i have about 75% of my portfolio in individual stocks, as i get older and closer to retirement, i will shift it more towards ETFs

There is no way this guy holds 50% international equity in his portfolio. There is ZERO chance that’s true.

Cryptocurrencies are well known for their high volatility, which means trading them involves considerable risk. Prices can change quickly and dramatically, and just like with any other type of investment, the value of your assets can drop even when you feel confident about a specific opportunity. Because of this uncertainty, strong risk management is essential and remains one of the most important factors for achieving long term success in cryptocurrency investing.

Love One Up on Wall Street on your desk. Peter Lynch is the 🐐. Every downturn I just listen to his famous "I love Volatility" monologue and carry on with my life.

Didn't mention the implications of a bubble burst and didn't explain what shorting is so the hedge fund question wasn't understood

This expert advice against crypto and day -trading for being unreliable and volatile, and then goes and say trusting the AI hype is a safe investment 🤦🏾‍♀️

Its necessary one People Studies specialicited bancos finantial money contar dinero?

Going in loss right now but not selling cus i am sure it will return 60% in future😌

Stopped trusting him after he said Tesla is not a car company

GirthFerguson69 😂😂

All these finance professors must be billionaires knowing how to compound money 😂

Bitcoin not backed by anything? Uuhm, ok.
Invest.....in some knowledge

Heres my advice. Stop researching videos. Start with $100 and just go right on at it. Start gambling, i mean investing. Youll learn more.