WEBVTT - Why Intel Isn’t a Buy, the AI Funding Bubble, and Market Timing Tips...

0:00:01.360 --> 0:00:03.640
<v Speaker 1>This episode is brought to you by P and C Bank.

0:00:04.000 --> 0:00:06.760
<v Speaker 1>A lot of people think podcasts about work are boring,

0:00:07.000 --> 0:00:10.840
<v Speaker 1>and sure they definitely can be, but understanding a professionals

0:00:10.920 --> 0:00:14.160
<v Speaker 1>routine shows us how they achieve their success little by little,

0:00:14.560 --> 0:00:18.200
<v Speaker 1>day after day. It's like banking with P and C Bank.

0:00:18.680 --> 0:00:21.480
<v Speaker 1>It might seem boring to safe plan and make calculated

0:00:21.480 --> 0:00:24.599
<v Speaker 1>decisions with your bank, but keeping your money boring is

0:00:24.640 --> 0:00:27.960
<v Speaker 1>what helps you live or more happily fulfilled life. P

0:00:28.080 --> 0:00:32.879
<v Speaker 1>and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

0:00:32.960 --> 0:00:35.600
<v Speaker 1>Boring since eighteen sixty five is a service mark of

0:00:35.600 --> 0:00:38.840
<v Speaker 1>the PNC Financial Service Group, Inc. P and C Bank

0:00:39.280 --> 0:00:45.920
<v Speaker 1>National Association Member FDIC erness What's Up? You ever walk

0:00:45.920 --> 0:00:49.000
<v Speaker 1>into a small business and everything just works like the

0:00:49.080 --> 0:00:53.200
<v Speaker 1>checkout is fast, the receipts are digital, tipping is a breeze,

0:00:53.479 --> 0:00:55.640
<v Speaker 1>and you're out the door before the line even builds.

0:00:55.960 --> 0:01:00.240
<v Speaker 1>Odds are they're using Square? We love supporting business that

0:01:00.320 --> 0:01:02.959
<v Speaker 1>run on Square because it just feels seamless. Whether it's

0:01:03.000 --> 0:01:06.000
<v Speaker 1>a local coffee shop, a vendor at a pop up market,

0:01:06.160 --> 0:01:09.040
<v Speaker 1>or even one of our merch partners. Square makes it

0:01:09.160 --> 0:01:12.559
<v Speaker 1>easy for them to take payments, manage inventory, and run

0:01:12.600 --> 0:01:16.560
<v Speaker 1>their business with confidence, all from one simple system. If

0:01:16.640 --> 0:01:19.480
<v Speaker 1>you're a business owner or even just thinking about launching

0:01:19.520 --> 0:01:22.520
<v Speaker 1>something soon, Square is hands down one of the best

0:01:22.520 --> 0:01:25.680
<v Speaker 1>tools out there to help you start, run and grow.

0:01:25.959 --> 0:01:28.959
<v Speaker 1>It's not just about payments, it's about giving you time

0:01:29.040 --> 0:01:32.000
<v Speaker 1>back so you can focus on what matters most ready.

0:01:32.040 --> 0:01:35.399
<v Speaker 1>To see how Square can transform your business, visit Square

0:01:35.480 --> 0:01:40.160
<v Speaker 1>dot com backslash, go backslash eyl to learn more. That's

0:01:40.200 --> 0:01:45.640
<v Speaker 1>Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

0:01:45.760 --> 0:01:48.160
<v Speaker 1>Let's Square handle the back end so you can keep

0:01:48.160 --> 0:01:52.680
<v Speaker 1>pushing your vision forward. It is a ten year charge.

0:01:52.720 --> 0:01:55.320
<v Speaker 2>If the government is invested in something, they obviously have

0:01:55.440 --> 0:01:58.520
<v Speaker 2>an incentive for it to do well for sure, right,

0:01:59.280 --> 0:02:02.080
<v Speaker 2>and they have resources to kind of make sure that

0:02:02.120 --> 0:02:04.400
<v Speaker 2>they do well on certain levels. Correct. So should you

0:02:04.440 --> 0:02:07.240
<v Speaker 2>invest in Intel now? It's this is this is this

0:02:07.440 --> 0:02:12.280
<v Speaker 2>the by signal why Intel stock? I would not, I

0:02:12.320 --> 0:02:15.000
<v Speaker 2>don't and I won't. I would not And.

0:02:14.960 --> 0:02:17.320
<v Speaker 1>It's not because of the like I said, the risk

0:02:17.360 --> 0:02:19.400
<v Speaker 1>mitigation of having government involvement.

0:02:19.520 --> 0:02:21.320
<v Speaker 3>It's a good trade out of the long term investment.

0:02:21.560 --> 0:02:21.800
<v Speaker 2>Right.

0:02:23.000 --> 0:02:25.519
<v Speaker 1>What they do is the reason why I wouldn't invest

0:02:25.520 --> 0:02:27.520
<v Speaker 1>in it. How far they are behind in what they

0:02:27.560 --> 0:02:29.760
<v Speaker 1>do is why I would invest in it. Right, Like

0:02:29.840 --> 0:02:31.800
<v Speaker 1>we talked about it a few weeks ago in terms

0:02:31.800 --> 0:02:34.560
<v Speaker 1>of GPUs and turn the CPUs where they're at in

0:02:34.680 --> 0:02:38.799
<v Speaker 1>placement of innovation for the next three to five years. Yeah,

0:02:39.639 --> 0:02:42.480
<v Speaker 1>I don't feel like though, Yeah, twenty billion at it.

0:02:43.520 --> 0:02:45.720
<v Speaker 1>The race that you have to catch up is so

0:02:46.040 --> 0:02:48.680
<v Speaker 1>it's so grand that I wouldn't touch it right now.

0:02:49.080 --> 0:02:53.920
<v Speaker 1>What cream on scat is still scat Scott because scat

0:02:56.400 --> 0:02:57.280
<v Speaker 1>it is what it is.

0:02:58.400 --> 0:03:06.480
<v Speaker 3>But I'm but you have to give them credit for

0:03:06.639 --> 0:03:09.960
<v Speaker 3>at least trying to do something to turn these companies around.

0:03:10.400 --> 0:03:13.160
<v Speaker 3>Posts just throw money at it from like if it

0:03:13.200 --> 0:03:16.080
<v Speaker 3>was just us or if it was Shark Tank or

0:03:16.480 --> 0:03:18.080
<v Speaker 3>Blackstone or Blackrock.

0:03:18.600 --> 0:03:19.880
<v Speaker 1>No, what have issue with this?

0:03:20.720 --> 0:03:25.440
<v Speaker 3>Should it happen? Probably not, But we cannot The economy

0:03:25.480 --> 0:03:30.200
<v Speaker 3>is so fragile it cannot contain the fallout if this

0:03:30.320 --> 0:03:32.160
<v Speaker 3>company actually went under.

0:03:33.360 --> 0:03:36.480
<v Speaker 1>Yeah, and it's crazy chaut out to the chat again.

0:03:37.000 --> 0:03:39.080
<v Speaker 1>And I I forgot to mention when we say the

0:03:39.120 --> 0:03:44.520
<v Speaker 1>government money, that really is taxpayer money for sure. So yeah,

0:03:44.560 --> 0:03:48.920
<v Speaker 1>your money, your money, Yeah, save American companies and put some.

0:03:48.960 --> 0:03:50.800
<v Speaker 2>Questions in chat because we are a live so we

0:03:51.080 --> 0:03:55.120
<v Speaker 2>are answering questions. Yeah, MIT reports that ninety percent of

0:03:55.400 --> 0:04:02.000
<v Speaker 2>artificial intelligence investments are currently unprofitable. What does that tell.

0:04:01.920 --> 0:04:06.800
<v Speaker 3>Us that the AI funding bubbles coming to an end?

0:04:06.880 --> 0:04:10.360
<v Speaker 3>And I think Meta guys reported on this and I

0:04:10.400 --> 0:04:13.800
<v Speaker 3>put it in the stock club as well. I think

0:04:13.840 --> 0:04:16.200
<v Speaker 3>about it like this. Two weeks ago and three weeks ago,

0:04:16.480 --> 0:04:18.640
<v Speaker 3>you have founders that had never sold a product and

0:04:18.680 --> 0:04:21.520
<v Speaker 3>had no revenue. We're turning down multi billion dollar offers.

0:04:21.760 --> 0:04:23.719
<v Speaker 3>I don't know where they went to business school, but

0:04:23.839 --> 0:04:26.680
<v Speaker 3>rashot if they offer the billion something market, mondays, you

0:04:26.680 --> 0:04:31.280
<v Speaker 3>can sign for me the sign why me? So the

0:04:31.320 --> 0:04:36.039
<v Speaker 3>bubble in terms of the large language models are done

0:04:36.120 --> 0:04:38.719
<v Speaker 3>for now. There would be some a lot of focus

0:04:38.760 --> 0:04:43.040
<v Speaker 3>on sector specific llms and growth over the next two

0:04:43.080 --> 0:04:46.760
<v Speaker 3>or three years. But every company and as well, I

0:04:46.800 --> 0:04:49.520
<v Speaker 3>always say go to best of breed. But once you

0:04:49.600 --> 0:04:51.679
<v Speaker 3>have a category, there's only going to be a few leaders.

0:04:51.680 --> 0:04:56.200
<v Speaker 3>You're not going to have nineteens that are incredibly profitable.

0:04:56.240 --> 0:04:58.520
<v Speaker 3>Even in the defense space, it's going to be the

0:04:58.640 --> 0:05:01.919
<v Speaker 3>legacy defense company is now with the AI driven and

0:05:01.920 --> 0:05:04.080
<v Speaker 3>tech driven, you're gonna have palatin and or those are

0:05:04.160 --> 0:05:06.880
<v Speaker 3>leaders are set. So I think everyone that comes in

0:05:07.000 --> 0:05:10.400
<v Speaker 3>copying and it is not the pre eminent leader in

0:05:10.400 --> 0:05:12.159
<v Speaker 3>that sector, they're gonna get slaughtered.

0:05:12.480 --> 0:05:12.880
<v Speaker 2>Yeah.

0:05:13.720 --> 0:05:16.480
<v Speaker 1>I think that was the exact point I was gonna make.

0:05:16.520 --> 0:05:18.640
<v Speaker 1>And I'm glad you said they're gonna be a few leaders,

0:05:18.680 --> 0:05:21.560
<v Speaker 1>and there's gonna be those hyper scalers and if they

0:05:21.560 --> 0:05:24.560
<v Speaker 1>don't lead, they're gonna acquire the company that they think

0:05:24.839 --> 0:05:27.680
<v Speaker 1>could be the potential thing that changes it. I think

0:05:28.040 --> 0:05:30.480
<v Speaker 1>the reason why we see that statizens because people are

0:05:30.520 --> 0:05:34.279
<v Speaker 1>trying to make the next greatest innovation and it takes

0:05:34.320 --> 0:05:36.760
<v Speaker 1>a lot of capital to do that right. And I

0:05:36.800 --> 0:05:38.960
<v Speaker 1>agree with the people who are getting the capital a

0:05:39.000 --> 0:05:41.240
<v Speaker 1>lot of times don't look like us. But that that's

0:05:41.279 --> 0:05:43.920
<v Speaker 1>why you have to have things like invest fast and

0:05:44.279 --> 0:05:47.479
<v Speaker 1>again Papolar judge investing in AI and investing in scale.

0:05:47.960 --> 0:05:50.880
<v Speaker 1>But there are places where there is a rate of

0:05:50.920 --> 0:05:53.479
<v Speaker 1>return and we can focus on. Like I was like, right,

0:05:53.520 --> 0:05:55.560
<v Speaker 1>let me look it up. So inside of AI, what

0:05:55.680 --> 0:05:59.239
<v Speaker 1>has been working now from a business standpoint right, customer

0:05:59.279 --> 0:06:04.440
<v Speaker 1>service and service automation? Why that could be Jack told

0:06:04.480 --> 0:06:06.800
<v Speaker 1>you he created technology over the weekend.

0:06:07.279 --> 0:06:10.320
<v Speaker 3>Yeah, yeah, things are taking six months.

0:06:10.120 --> 0:06:13.000
<v Speaker 1>Yeap, eighteen months and twenty people. He did it in

0:06:13.000 --> 0:06:15.360
<v Speaker 1>a weekend by himself in his house, right, So if

0:06:15.400 --> 0:06:18.120
<v Speaker 1>you can do customer service and service number one, that

0:06:18.160 --> 0:06:20.240
<v Speaker 1>brings down the cost of business and it also makes

0:06:20.279 --> 0:06:22.720
<v Speaker 1>it more efficient. So that has been working inside of

0:06:22.720 --> 0:06:26.279
<v Speaker 1>the AI space, back office operations and admin tasks. I

0:06:26.320 --> 0:06:28.240
<v Speaker 1>mean we know that on a daily basis just from

0:06:28.279 --> 0:06:31.680
<v Speaker 1>our personal lives how that works, and healthcare and life sciences.

0:06:31.720 --> 0:06:33.800
<v Speaker 1>So this is a good when AI twos and medical imaging,

0:06:34.120 --> 0:06:38.200
<v Speaker 1>drug discovery, and clinical trial optimizations, those have been winning.

0:06:38.200 --> 0:06:41.520
<v Speaker 1>If you look at the statistics of what inside of

0:06:41.600 --> 0:06:44.280
<v Speaker 1>AI has been winning at a small scale, that has

0:06:44.320 --> 0:06:48.120
<v Speaker 1>been winning. The large scale things that the chat GBT

0:06:48.240 --> 0:06:50.560
<v Speaker 1>of the world, that's going to take a lot of time,

0:06:50.600 --> 0:06:52.760
<v Speaker 1>a lot of capital. Even when we saw with deep

0:06:52.800 --> 0:06:56.760
<v Speaker 1>Sea like yeah, yeah they said it was when you

0:06:56.760 --> 0:06:59.159
<v Speaker 1>did the numbers, it actually came out to being almost

0:06:59.279 --> 0:07:02.960
<v Speaker 1>seven billion. These are astronomical numbers. If you if you

0:07:03.000 --> 0:07:05.120
<v Speaker 1>can focus in these key points and then build on

0:07:05.160 --> 0:07:07.520
<v Speaker 1>top of those, yeah, you could be super successful. But

0:07:07.600 --> 0:07:09.560
<v Speaker 1>right now, everybody's trying to find the next thing. They're

0:07:09.560 --> 0:07:12.480
<v Speaker 1>trying to find the vo three. They're trying to find,

0:07:12.600 --> 0:07:13.880
<v Speaker 1>you know, but.

0:07:14.040 --> 0:07:17.120
<v Speaker 3>Sometimes the leader is just like put it in Chat.

0:07:17.400 --> 0:07:21.720
<v Speaker 3>I will invest in the hold Chat GPT and open

0:07:21.720 --> 0:07:28.120
<v Speaker 3>A has seven hundred and fifty million weekly users. No,

0:07:28.240 --> 0:07:30.960
<v Speaker 3>I don't remember a tech company like we're talking about.

0:07:31.160 --> 0:07:36.240
<v Speaker 3>They're getting into like Microsoft ninety five operating System ninety

0:07:36.280 --> 0:07:40.120
<v Speaker 3>eight territory in terms of market share that they've captured.

0:07:40.720 --> 0:07:45.480
<v Speaker 3>Why would you bet against that? It's insane. Even in video,

0:07:45.480 --> 0:07:47.760
<v Speaker 3>my love for and video for anyone who built computers,

0:07:47.840 --> 0:07:50.640
<v Speaker 3>like they had eighty percent of market share in twenty

0:07:50.680 --> 0:07:54.560
<v Speaker 3>seventeen twenty nineteen, they've only gotten bigger. You can kind

0:07:54.560 --> 0:07:58.080
<v Speaker 3>of see the change. Going back to the eye test,

0:07:58.200 --> 0:08:00.560
<v Speaker 3>you don't see the love for Apple as much as

0:08:00.640 --> 0:08:03.200
<v Speaker 3>you used to maybe ten years prior. These are things

0:08:03.240 --> 0:08:06.320
<v Speaker 3>you can see and feel. That's real sentiment. Stop betting

0:08:06.360 --> 0:08:07.040
<v Speaker 3>against the winner.

0:08:07.560 --> 0:08:07.760
<v Speaker 4>Yeah.

0:08:08.480 --> 0:08:09.800
<v Speaker 1>The other part was do we know the real from

0:08:09.800 --> 0:08:11.080
<v Speaker 1>the figure? I think we know who the reel are

0:08:11.680 --> 0:08:14.320
<v Speaker 1>for sure. It's not very clear. There will be companies

0:08:14.320 --> 0:08:16.960
<v Speaker 1>that will come in as the technology gets better and

0:08:17.080 --> 0:08:19.640
<v Speaker 1>be disruptive. Right if we could find out That's why

0:08:19.640 --> 0:08:22.640
<v Speaker 1>I think what's important inside of business, like what's the

0:08:22.680 --> 0:08:26.120
<v Speaker 1>problem that we can solve. Right, there will be companies

0:08:26.240 --> 0:08:30.360
<v Speaker 1>that will problems that we're not thinking of now because

0:08:30.400 --> 0:08:32.800
<v Speaker 1>the technology is so great and it's so efficient and

0:08:32.840 --> 0:08:36.360
<v Speaker 1>it's so expedited, that will come and do it.

0:08:37.120 --> 0:08:41.560
<v Speaker 2>So okay. Somebody had a question. They said in the past,

0:08:42.200 --> 0:08:46.280
<v Speaker 2>y'all said, September is a month that historically prices drop.

0:08:47.000 --> 0:08:50.520
<v Speaker 2>Should we wait for a September drop before purchasing?

0:08:51.880 --> 0:08:56.160
<v Speaker 3>The market drops every month, Yes, by the prices on

0:08:56.200 --> 0:08:58.560
<v Speaker 3>the price that I get, respectfully, humbly. But if I

0:08:58.600 --> 0:09:00.920
<v Speaker 3>made you money, please put yes in chat. Yes, by

0:09:00.920 --> 0:09:04.079
<v Speaker 3>every month technically if you want, if you want to

0:09:04.080 --> 0:09:06.600
<v Speaker 3>be a technician, go to the month chart we charge.

0:09:06.600 --> 0:09:08.160
<v Speaker 3>They charged talked about it. Yes, so they didn't go

0:09:08.160 --> 0:09:10.480
<v Speaker 3>to a lower timeframe. There's a drop in the market

0:09:10.520 --> 0:09:14.400
<v Speaker 3>every day, but September, yes, that will be a pullback,

0:09:14.520 --> 0:09:17.319
<v Speaker 3>just like there was a drop in August historically, which

0:09:17.360 --> 0:09:22.320
<v Speaker 3>happened last Wednesday. The thing is when the drop happens,

0:09:22.160 --> 0:09:24.800
<v Speaker 3>it's like if I drop fifty grand on stage and

0:09:24.800 --> 0:09:26.440
<v Speaker 3>it went off and the crowd will go get it.

0:09:26.640 --> 0:09:28.559
<v Speaker 3>These drops happen on a Wednesday, then y'all don't go

0:09:28.640 --> 0:09:31.600
<v Speaker 3>pick up them. Not y'all but the general republic. When

0:09:31.640 --> 0:09:33.920
<v Speaker 3>the market drops, please go get the money out of

0:09:34.000 --> 0:09:37.800
<v Speaker 3>the market place. But September, on our first episode, I

0:09:37.840 --> 0:09:40.800
<v Speaker 3>would be so happy to give you prices for whatever

0:09:40.840 --> 0:09:43.360
<v Speaker 3>stocks you guys want to tune into market. Monday is

0:09:43.360 --> 0:09:45.600
<v Speaker 3>the first Monday is September, and it'll be a free

0:09:45.640 --> 0:09:47.280
<v Speaker 3>for all own pricing. Yeah.

0:09:47.320 --> 0:09:50.560
<v Speaker 1>Historically that has been the case, but this is a

0:09:50.640 --> 0:09:54.079
<v Speaker 1>very unconventional year, So just be prepared for all of it, right.

0:09:54.080 --> 0:09:57.000
<v Speaker 1>We always talk about having reserves and being ready and

0:09:57.080 --> 0:10:01.120
<v Speaker 1>dollar cost averaging into positions, because hey, if Nvidia pulled

0:10:01.160 --> 0:10:03.800
<v Speaker 1>down to one seventy three, that could potentially be that

0:10:03.840 --> 0:10:05.559
<v Speaker 1>the lows is going to be for the next two month.

0:10:05.600 --> 0:10:07.319
<v Speaker 1>We don't know, right, but we want to make sure

0:10:07.320 --> 0:10:08.520
<v Speaker 1>that we invested from our company.

0:10:08.559 --> 0:10:12.160
<v Speaker 4>An illegal alien from Guatemala charged with raping a child

0:10:12.200 --> 0:10:15.960
<v Speaker 4>in Massachusetts. An MS thirteen gang member from Al Salvador

0:10:16.240 --> 0:10:20.360
<v Speaker 4>accused of murdering a Texas man of Venezuelan charged with

0:10:20.440 --> 0:10:24.320
<v Speaker 4>filming and selling child pornography in Michigan. These are just

0:10:24.440 --> 0:10:28.200
<v Speaker 4>some of the heinous migrant criminals caught because of President

0:10:28.200 --> 0:10:31.760
<v Speaker 4>Donald J. Trump's leadership. I'm Christy Noman. The United States

0:10:31.800 --> 0:10:36.600
<v Speaker 4>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:10:36.640 --> 0:10:40.200
<v Speaker 4>crossings are at the lowest levels ever recorded, and over

0:10:40.240 --> 0:10:43.480
<v Speaker 4>one hundred thousand illegal aliens have been arrested. If you

0:10:43.559 --> 0:10:47.400
<v Speaker 4>are here illegally, your next you will be fine nearly

0:10:47.480 --> 0:10:51.520
<v Speaker 4>one thousand dollars a day, imprisoned, and deported. You will

0:10:51.520 --> 0:10:55.200
<v Speaker 4>never return. But if you register using our CBP home

0:10:55.240 --> 0:10:58.600
<v Speaker 4>app and leave now, you could be allowed to return legally.

0:10:58.960 --> 0:11:03.680
<v Speaker 4>Do what's right. Leave now. Under President Trump, America's laws,

0:11:03.880 --> 0:11:06.320
<v Speaker 4>border and families will be protected.

0:11:06.400 --> 0:11:08.559
<v Speaker 3>Sponsored by the United States Department of Homeland Security,