The Prof G Pod with Scott Galloway Office Hours: Using AI for Stock Picks, Overcoming Fear of Public Speaking, and How Do You Talk to Your Kids About Religion?
27 snips
Jun 14, 2023 Discover how AI is transforming stock picks and investment strategies, making profitable decisions more accessible than ever. Dive into the common fears of public speaking and gain practical tips to overcome anxiety and build confidence. Explore how to navigate complex conversations with children about spirituality and religion, emphasizing open communication and the importance of being a role model. This engaging discourse blends personal anecdotes with insightful advice on family and personal development.
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Investing Strategy
- Invest 60-80% of savings in diversified index funds or ETFs for economic security.
- Use the remaining 20-40% to explore individual stock picking and learn about AI investing.
AI for Stock Picking
- Explore AI platforms like ChatGPT for stock identification and develop prompting skills.
- Hold chosen stocks for at least a year to mitigate short-term market fluctuations.
AI and Alpha
- Many people, including high-income earners, use AI for stock recommendations.
- AI's ubiquity might diminish its ability to generate above-market returns (alpha).
