David Trainer

Forensic accounting expert, David Trainer, joins the podcast to discuss topics such as ML/AI in forensic accounting, enduring drawdowns in the market, analyzing employment indicators, Google's sales growth and employee culture, risks of non-bank lenders, the uncertainty of the housing market, and analyzing a company's challenges and flaws in the traditional car dealership model.

Fed liquidity driving markets; Energy and industrials offer big opportunities; Citi predicts no U.S. soft landing; Rate cuts possible; Focus on oil and gas; Metallurgical coal and steel for clean energy; Fossil fuels vs. green energy production

David Trainer, founder of New Constructs, sheds light on today’s flawed capital markets shaped by opaque financial statements. He reveals how critical details often hide in footnotes, jeopardizing investor insights. Trainer emphasizes the importance of discerning economic earnings over superficial accounting metrics, urging a shift in investment strategy. With a focus on improving transparency through innovative technology, he discusses the potential for better-aligned capital allocation and the resurgence of undervalued, profitable companies.

Discussing Peloton's declining stock value, weak revenue forecast, and product recall. Exploring challenges faced by the company, including high salaries and weak corporate governance. Evaluating Peloton as an investment and bankruptcy possibility. Exploring difficulties faced as an acquisition target and discussing the impact of Nvidia's stock price on investors. Highlighting Nvidia's transition to accelerated computing and generative AI. Discussing strong Q3 earnings, upbeat revenue forecast, and increasing demand for AI processors. Discussing the political landscape and ongoing legal issues. Evaluating Jay Powell's handling of inflation and choosing between Jay Powell and the NVIDIA CEO for insights. Discussing stock market performance, upcoming events, and cautious investment strategies.

David Trainer, the founder and CEO of New Constructs, shares his expertise in assessing Disney's intrinsic value, emphasizing the significance of understanding financial strategies and market dynamics. He discusses Disney's competitive edge, particularly its ability to charge premium prices for unique experiences and the success of Disney+ in attracting subscribers. Alongside Sean Murray, the conversation also touches on democratizing financial research and the challenges faced by aspiring fund managers, blending investment insights with personal development.