The Compound and Friends Eric Jackson and the Search for the Next 100 Bagger
51 snips
Nov 7, 2025 
Eric Jackson, the founder of EMJ Capital and an innovator in AI-driven investing, shares his insights on fish for '100 baggers.' He revisits his legendary Carvana call and discusses why Opendoor's model may prove viable post-turnaround. The conversation shifts to the impact of OpenAI's recent events on the market and the importance of CEO behavior in retail culture. Jackson explains how his career pivot has led him to develop new strategies for identifying high-potential investments and emphasizes the role of community engagement in stock performance.
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OpenAI's Central Yet Opaque Market Role
- OpenAI's private status and huge corporate commitments make it a uniquely central but opaque force in the AI investment narrative.
- That opacity magnifies market sensitivity because public companies price in OpenAI-linked revenue without a public share price for validation.
Founder Behavior Moves Public Market Sentiment
- Founder behavior can shift market perception when partners and public investors rely on private companies for growth assumptions.
- Sam Altman's defensiveness created doubts that ripple through public valuations tied to OpenAI.
Government Backstop Talk Often Overstated
- Claims of needing government support alarm markets but usually overstate systemic risk when issued without precision.
- Eric Jackson argues such panic often overreaches and doesn't prove the company will fail.