Investing writer Sam Taube discusses the role of AI in finance, including its limitations and benefits. They explore AI-powered funds, investment research, and stock selection. The Nerds break down the potential of AI-powered ETFs and mutual funds, cautioning on the need for human oversight. They also discuss AI's impact on investment strategies, portfolio management, and future developments in the industry.

In this engaging discussion, Sam Taube, an investing expert at NerdWallet, sheds light on the stark differences between sports betting and the stock market. He stresses the addictive nature of gambling and the financial risks involved. The conversation dives into how long-term investing offers consistency in returns while sports betting can lead to impulsive decisions. Additionally, the hosts tackle the booming sports betting industry’s growth and legal aspects, highlighting the socio-economic implications and the need for financial responsibility.

Join Sam Taube, a NerdWallet investment writer, as he dives into the recent Supreme Court ruling that dismantles the Chevron deference, altering financial and crypto regulations. Discover how this seismic change could trigger deregulation in various sectors, including implications for investor protections and federal authority. Gain insights into the Federal Reserve’s latest interest rate decisions, gig worker rights in California, and the new assigned seating policy from Southwest Airlines, all while navigating the shifting landscape of money management.

The podcast delves into the recent resurgence of cryptocurrency, particularly Bitcoin, discussing factors like blockchain reward halving and spot Bitcoin ETFs. They explore the controversies surrounding cryptocurrency, its use as an alternative investment, and the environmental impact of mining. Topics include bitcoin ETFs, digital currencies, crypto investing, volatility, and DeFi, shedding light on the divisive nature of the market.

Sam Taube explains the speculative and protective reasons for derivatives trading and the average retail trader's chances of finding success. The podcast covers options trading, short sales, and margin trading. They discuss the price discovery process of markets, options strategies, risk management, and portfolio diversification.