The Art of Value

I react to highlights from the recent Google I/O keynote presentation, which features impressive competitive technologies to OpenAI's GPT-4 and wildly popular ChatGPT. Google showcases its many new AI powered products within its existing suite of products and services, including Help Me Write in Gmail and Workspace apps, Magic Editor in Google Photos, PaLM 2 (competitor to GPT-4), Med-PaLM for the healthcare sector, next generation language model Gemini, Bard (competitor to ChatGPT), Google Search AI integration (competitor to Microsofts Bing Chat AI), and more.  Timestamps: 00:00 intro 00:38 AI Help Me Write in Gmail 01:52 AI Magic Editor in Google Photos 03:23 Google PaLM 2 vs OpenAI GPT-4 04:34 Med-PaLM 2 for healthcare 06:02 Google Brain + Google Deepmind consolidated 06:26 Google Gemini - next foundation model 07:30 Responsible AI  08:23 Google Bard vs OpenAI’s ChatGPT 13:32 AI features in Google Workspace apps 17:26 Generative AI in Google Search  23:15 Google's AI infrastructure vs Microsoft 24:02 Wrapping up Related episodes: Microsoft to Challenge Google Search Using OpenAI's ChatGPT https://youtu.be/Vh42ZgADo5k Is OpenAI ChatGPT Disrupting Google? Founders Come Back! https://youtu.be/7dLT_CDITmg Microsoft Bing Now Using OpenAI’s New GPT4 To Challenge Google https://youtu.be/WNr9KE3nobE OpenAI ChatGPT ALREADY at $29B Valuation! https://youtu.be/PPSDBc7lx9g The main investment brokerage I use to buy and sell international stocks is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link below helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Famous investor Michael Burry just reported his first quarter 2023 stock holdings and he bought many stocks during the quarter, and sold out of a few. In this episode we take a look at the three main sectors he’s being buying in, and what it could mean for us. Related episodes: Michael Burry Predicts Stock Market Bottom After Bank Panic https://youtu.be/yXkp5BhQJiw Michael Burry Has Started to BUY Cheap Stocks! What’s Burry buying? https://youtu.be/kzbuujGXTuI Warren Buffett: Banking Crisis? - Highlights https://youtu.be/2ysbmHbVVYs Stan Druckenmiller Still Predicts Hard Landing Recession https://youtu.be/8Ue-etn4E74 The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Warren Buffett, CEO of Berkshire Hathaway and perhaps the greatest investor of all time, recently hosted the Berkshire Hathaway Annual Shareholder Meeting with fellow legendary investor and long-time business partner Charlie Munger. In this episode I react to highlights about how they are thinking about future investing opportunities for us and for Berkshire; one investor is more optimistic than the other. Related episodes: Berkshire AGM 2023 Highlights: Warren Buffett on Elon, EVs, Apple https://youtu.be/V6SGsxYN7tw Stan Druckenmiller Still Predicts Hard Landing Recession https://youtu.be/8Ue-etn4E74 Howard Marks Says Historic Stock Market Sea Change Has Begun https://youtu.be/ie_4N3v-cDs Using referral links helps support the pod, thanks! The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

Warren Buffett, CEO of Berkshire Hathaway and perhaps the greatest investor of all time, recently hosted the Berkshire Hathaway Annual Shareholder Meeting with fellow legendary investor and long-time business partner Charlie Munger. During the annual six-hour Q&A, they discussed many topics, including their massive Apple shareholding, Elon Musk and electric vehicles, share portfolio concentration and more. In this episode I react to highlights from duo's Q&A. Related episodes: Charlie Munger Interview with Todd Combs - Highlights https://youtu.be/217e7NnDtkE Warren Buffett Interview: Banking Crisis? - Highlights https://youtu.be/2ysbmHbVVYs Using referral links helps support the pod, thanks! The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss some highlights of a recent Stan Druckenmiller interview, in which he gave his views on the difficult macroeconomic environment, bonds, the stock market, the US dollar, gold, and the hard landing recession he still sees up ahead. Related content: Stanley Druckenmiller Predicts Hard Landing Recession for 2023 https://youtu.be/VxpoJnbD8yo NBIM Annual Investment Conference 2023 – Stan Druckenmiller https://youtu.be/dXxWajc-tgI The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using referral links helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss a new and rare interview with legendary investor and former fund manager Peter Lynch. Lynch offered his thoughts on the stock market, stock picking, his winning investment strategy, and the current economic environment and bank collapses. Related content: Warren Buffett Interview: Banking Crisis? - Highlights https://youtu.be/2ysbmHbVVYs CNBC interview: Legendary investor Peter Lynch on stock picking: 'The sucker's going up' is not a good reason https://youtu.be/U-6fv09KCDw Recommended books:  One Up On Wall Street: How To Use What You Already Know To Make Money, by Peter Lynch https://amzn.to/3Nyo3FD Additional Peter Lynch book titles: https://amzn.to/3p574kl Using referral links helps support the pod, thanks! The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss part of a recent CNBC interview with Warren Buffett, in which the legendary investor gave his thoughts on how The Fed and Jerome Powell have handled the US economy during the eventful past few years. Related content: Warren Buffett Interview: Banking Crisis? - Highlights https://youtu.be/2ysbmHbVVYs The Art of Value Playlist: Warren Buffett Interview Japan 2023 https://youtube.com/playlist?list=PLrNjj1l3MS7URe9G756NDGGqpXnEU-bST Warren Buffett-recommended reading:  Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic - and Prevented Economic Disaster (refferal link) https://amzn.to/3oLpB4P CNBC interview clip: Warren Buffett on the Fed: Jerome Powell has been terrific https://www.cnbc.com/video/2023/04/12/warren-buffett-on-the-fed-jerome-powell-has-been-terrific.html The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I discuss part of a recent CNBC interview with Warren Buffett in Japan, in which the legendary investor gave his thoughts on a potential repeat of the US banking crisis, and on the recent Silicon Valley Bank and US regional bank troubles. Buffett talks about the importance of having public confidence in the banks, and backstops for all US bank deposits.  Related content: The Art of Value Playlist: Warren Buffett Interview Japan 2023 https://youtube.com/playlist?list=PLrNjj1l3MS7URe9G756NDGGqpXnEU-bST Episode 1: Warren Buffett Talks ChatGPT and AI | My Response https://youtu.be/PnYNFRVz5DM CNBC interview clip: Warren Buffett on banking crisis fallout: No one is going to lose money on deposits in the U.S. https://youtu.be/zpPcx1BsxNE The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I react to a recent CNBC interview with Warren Buffett in Japan, in which he gave his thoughts on advanced AI tools such as ChatGPT, and how they could impact the economy, and humanity. Related content: Charlie Munger Interview with Todd Combs - Highlights https://youtu.be/217e7NnDtkE CNBC interview clip: Warren Buffett on ChatGPT and AI: This is extraordinary but not sure if it’s beneficial yet https://youtu.be/UYrm0DZGhaQ The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

I summarize and discuss an interview with legendary investor Charlie Munger, by fellow Berkshire Hathaway insider Todd Combs. The fireside chat with Munger is from April 2022, on the occasion of the 2022 Singleton Prize for CEO Excellence. Munger offers his wisdom on investing and life in general. Related content: Chris Mayer 100 Baggers: Stocks That Return 100 to 1! https://youtu.be/59CuGd2aAwg Full interview: Charlie Munger in Conversation with Todd Combs | Singleton Prize for CEO Excellence https://youtu.be/aciej48jbFk Highlights from Charlie Munger's Conversation with Todd Combs (2022 Singleton Prize for CEO Excellence), Neckar Substack https://neckar.substack.com/p/highlights-from-charlie-mungers-conversation Recommended investing book: 100 Baggers: Stocks That Return 100-to-1 and How To Find Them, by Christopher W Mayer (referral link): https://amzn.to/409n3dI Using a referral link helps support the pod, thanks! The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.