If you understand the macro you will understand the reasons why the next ten years are unlikely to be like the last. These investments are hardly "safe".
First, nobody understands macro. Macro content is BS. Second, I said multiple times throughout the video that this is backtesting and the future might look different. Third, I still believe that due to the winner takes most dynamics in AI that this (S&P5, buy and hold) indexing strategy will beat the other one (S&P500).
Knowing it isn't financial advice and just opinions, I would be interested to hear you talk about the following topics: 1. Your actual investment strategy 2. Bull cases for the companies you have the most belief in 3. A fair analysis of the biggest risks to your thesis for each company 4. Your opinion as to how AI will change the labor and market landscapes, and at what rate I've seen tidbits of these topics in some of your existing videos but it isn't usually the focus. I also might be overlooking some existing videos of yours that already focus on these topics.
Well - these are pretty elaborate questions. I try to answer them as concisely as I can in my emails/videos. My stock investments are currently TSLA, NVDA, MSTR which should give you a glimpse into my bull cases as well (10x or more in 10y I consider likely in each three instances). Not financial advice. ;) 4. AI will change everything rapidly. Pick your task and see AI making rapid progress towards super-human performance at this task - with a 90% cost decline every two years (Wright's Law). Better performance at lower costs that keeps dropping exponentially is just something you cannot beat as a human. The safest jobs will be government (they don't care about inefficiencies) and AI engineering (integrating AI into real world) IMO. Hope these thoughts are helpful.
@@finxter I understand the questions are elaborate. I was asking if you'd consider making several very long videos about those topics haha. I'm new to the channel, so I might be missing existing videos that meet my questions. I work as a business analyst federal contractor. I've determined some AI use cases that would help out a federal agency and we are working on getting access to the OpenAI API to make them a reality. I should consider becoming a regular government employee if what you say ends up being true... My wife and I make a combined income of a little over 200k USD annually. We are 29 years old and investing approximately $5k per month into equities. The approach we've taken thus far mostly tracks the S&P500 but there are more aggressive single stock picks making up about 30% of the portfolio. I agree with what you'd said in another video - we should be focusing on accruing as much capital as possible during this time so that compounding can lead us to financial freedom. I would rather AI be on my side than my enemy.
