Rich Habits Podcast Special Guest: Caleb Silver, OpenAI's $1 Trillion IPO, & Meta's FAKE $16B Tax Bill
Oct 31, 2025
Caleb Silver, Editor-in-chief at Investopedia, joins the conversation to shed light on investor sentiment and market dynamics. He discusses OpenAI's anticipated $1 Trillion IPO and its implications for the tech landscape. Caleb also explains the Fed's intricate balancing act between inflation and employment, highlighting consumer sentiment disparities. The discussion touches on investor skepticism towards AI stocks and crypto, while also revealing top long-term stock picks like NVIDIA and Google. Finally, practical insights on investing extra cash and the evolving landscape of mega-cap tech are shared.
AI Snips
Chapters
Transcript
Episode notes
OpenAI's Looming $1T Valuation
- OpenAI is preparing a potential $1 trillion IPO to raise roughly $60 billion in 2026–2027 for data centers and custom chips.
- A huge valuation doesn't guarantee profitability, so investors may prefer AI-related infrastructure plays.
Invest The Picks And Shovels
- Instead of chasing headline names, consider investing in 'picks and shovels' like chipmakers, data center REITs, and cloud providers.
- These firms supply the AI boom and may offer safer indirect exposure to AI growth.
Fed Is Split And Cautious On Future Cuts
- The Fed cut rates but signaled future moves are uncertain because inflation and employment point in different directions.
- Expect rates to eventually trend lower next year, but timing depends on which economic narrative wins out.