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Leading the game with past lunacy as a universal factor
To win the game, one should still be leading halfway, not just focusing on the current chaos but also considering the previous chaos as a universal factor. This past lunacy is crucial to understand amid the rapid noise of the present.
Today, we’re joined by Jim O'Shaughnessy, investor, VC, and Wall Street legend.
Howard, Phil, JC, and Jim discuss the following:
Also, we realize Jim's audio isn't the greatest, so we put together a transcript of the episode here https://rb.gy/8gw35t
If you aren’t already, be sure to subscribe to Trends with Friends here https://www.howardlindzon.com/ —
In This Episode, We Cover:
(00:00) Welcome
(04:12) Jim O'Shaughnessy's background and interest in AI
(05:49) AI in the stock market
(07:48) Market snapshot and trends with JC
(11:49) Jim’s market intuition
(14:19) The future of AI
(19:16) Nividia and IBM
(22:03) Why JC says to count
(23:20) Charts walkthrough with JC: German DAX, Polish Zloty, and more
(27:43) Divergence across the market
(29:50) The degenerate economy: DraftKings, the Super Bowl, and emerging tech
(32:14) The importance of controlling your interactions with technology
(35:52) The role of AI in the speculative economy
(38:19) Speculation as entertainment
(43:38) Advice for navigating new technology
(49:35) The role of parents and grandparents
(52:58) Counting, Biden tweets, and political speeches
(57:04) The Economist cover on China
(59:37) Anecdotes and negative sentiment
(01:01:28) Next week: the media trend —
Referenced:
Unix vs Linux: The history of how Unix started and influenced Linux: https://www.redhat.com/sysadmin/unix-linux-history
David Deutsch: https://twitter.com/DavidDeutschOxf
Rupert Sheldrake: https://www.sheldrake.org/
Michael Parekh: https://www.michaelparekh.me/
Andy Kessler: https://twitter.com/andykessler
Sam Altman: https://blog.samaltman.com/
Ben Hunt: https://www.epsilontheory.com/w-ben-hunt/
DraftKings: https://www.draftkings.com/
—
Big Thank You To Our Guest:
Jim O'Shaughnessy: https://twitter.com/jposhaughnessy
O'Shaughnessy Ventures: https://twitter.com/osventuresllc
—
Where To Find Howard and Friends:
Howard - https://stocktwits.com/howardlindzon
JC - https://stocktwits.com/allstarcharts
Phil - https://stocktwits.com/ppearlman
Riley - https://stocktwits.com/coloradoriley
—
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 decisions.
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Listen to the best highlights from the podcasts you love and dive into the full episode