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Investing in AI: ETFs or stocks? Ft. Owen Rask & Blair Hannon

Australian Investors Podcast

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The Rise of Blue Chip Businesses

Harker: We're used to this idea that big companies can grow by 20% or 30% a year for five or 10 years. But when you think about that, like these are hundreds of billions of dollars, some of these companies growing at that pace is just unbelievable. Harker: It's because they are scalable. Whereas if you're a bank and you want to grow at 20%, you need 20% more mortgage debt. If you go on old school Warren Buffett, Peter Lynch fundamentals, it's going to be hard to understand that.

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