TIP568: Current Market Conditions, Alternative Assets, & AI w/ David Stein

TIP568: Current Market Conditions, Alternative Assets, & AI w/ David Stein

Clay Finck chats with David Stein about current market conditions, the role of international stocks in a portfolio, whether investors should get exposure to AI stocks or not, if GDP is an outdated metric, the role of alternative assets in a portfolio, and David’s guide to living a richer, wiser, and happier life. David Stein is the Host of Money For the Rest of Us, a weekly personal finance podcast with over 20 million downloads. He’s also the co-founder of Asset Camp, a fintech platform of dynamic data-driven research tools focused on asset classes. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro. 02:10 - Why we should care about current market conditions as long-term investors. 09:27 - David’s assessment of current market conditions and the Fed’s job in managing inflation. 13:08 - How long it takes for interest rates to flow through to the broader economy. 16:49 - The role international stocks can play in a portfolio. 26:47 - If investors should care if the US has the reserve currency or not. 33:28 - Ways in which investors can get exposure to AI. 38:41 - The potential long-term impacts of AI on our financial system. 42:09 - Whether GDP is an outdated and misleading metric or not. 46:42 - The role that crowdfunding platforms and alternative assets can play in a portfolio. 55:51 - How the venture capital playbook works. 58:28 - How David thinks about the expected returns for alternative assets. 75:00 - David’s thoughts around aligning his finances with living a good life. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Check out our recent episode covering The Passionate Pursuit of Lifelong Learning w/ Gautam Baid or watch the video here. David’s investing tool: Asset Camp. David’s website: Money for the Rest of Us. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Range Rover Briggs & Riley American Express The Bitcoin Way Public Onramp USPS SimpleMining Sound Advisory Shopify AT&T BAM Capital Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Episoder(1174)

TIP140: Warren Buffett and Charlie Munger at the Berkshire Hathaway Shareholders Meeting 2017 (Part 1) - (Business Podcast)

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TIP137: Jim Rickards - Interest Rates and Central Bankers

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IN THIS EPISODE, YOU’LL LEARN: How and if the FED could raise rates during the next 10 quarters like a clockwork. Which model to use to accurately forecast central bankers decisions to move interest...

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TIP136: Joel Greenblatt - You Can Be A Stock Market Genius (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: How to take positions in the market with a $5 upside and a $1 downside. How to make money in spin offs. How to make money in risk arbitrage and merger securities. Ho...

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TIP135: Henry Ford & the Secrets of his Success w/ Christopher Whalen (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: How Henry Ford almost destroyed his company several times. How Henry Ford closed down the entire banking system in the US. Why the product launch of the Ford Edsel in...

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TIP134: Unshakeable by Tony Robbins (Business Podcast)

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IN THIS EPISODE, YOU’LL LEARN: What you can and can’t control in the financial markets. The truth about diversification. Why private equity funds are not worth their high fees. Why you should writ...

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TIP133: Alan Greenspan & Richard Duncan - Macro Economics (Business Podcast)

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