Why Tech Needs a Lesson in Empathy, Apple Stock Strategies, and AI Optimism with Om Malik

This week we're joined by Om Malik — a San Francisco-based writer, photographer, and investor with three decades of experience in Silicon Valley. We cover:

• Apple, and whether they are underperforming

• The need for empathy in the tech industry

• Technology vs. the spectacle of technology

• Our favorite products and acquisitions

• Consumer Discretionary reaching new ten-year lows

• Personal reflections on health and wellness

—

Thanks to our sponsor, Public. Public is an investing platform where members can build a portfolio of stocks, bonds, options, ETFs, crypto, and alternative assets—plus get an industry-leading 5.1%* APY with a high-yield cash account. Learn more.

—

Skip Ahead:

(00:00) Welcome

(04:48) Is Apple underperforming?

(15:00) Silicon Valley’s Empathy Vacuum

(21:39) Sam Altman and OpenAI

(25:20) Technology vs. the spectacle of technology

(26:49) Standout products

(32:31) The most interesting ‘sexy’ chart in the world

(34:46) The most interesting ‘boring’ chart in the world

(36:47) Different asset classes

(45:29) AI

(48:40) The 3 day reset

(51:35) Consumer Discretionary

(54:50) $VLO and $IMO

(58:24) Health and wellness

(01:03:00) What Om is excited about

—

Referenced:

• Silicon Valley’s Empathy Vacuum - https://om.co/2024/05/27/silicon-valleys-empathy-vacuum/

• Gigaom founder Om Malik: My heart attack ‘was the best thing that happened to me’ - https://www.vox.com/2016/9/8/12825866/om-malik-gigaom-true-ventures-blogging-heart-attack-recode-media-podcast

—

All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision.

—

A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at public.com/disclosures/high-yield-account

Options are not suitable for all investors and carry significant risk.  Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date.  Certain complex options strategies carry additional risk.  There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document. Supporting documentation for any claims will be furnished upon request.

If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions.

Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.

All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See public.com/#disclosures-main for more information.