On this week’s episode Tom and Jacob talk about financial literacy, Google and Microsoft’s spend on AI, investor bearishness, the GDP shocker, the rate hike, and Sequoia’s dumping of their crypto fund.
Email us at laminatemoneypodcast@fjellcapital.com for questions or suggestions for future topics.
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Suggestion
No one knows what to do, though they know who can help them
What Went On
Investors frequently make less than their investments
Investors are still bearish - even after a double digit year so far
Google and Microsoft are paying big to play AI
Growth isn’t even slowing
Powell: “we need to get this done”
Say goodbye to the crypto fund
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Chapters
00:00 - Introduction
01:43 - Welcoming Tom back to the Pod
02:16 - Financial Literacy in America
16:59 - People Tend to Underperform their Investments
22:05 - Investors are Bearish Despite a 20% Rally in the Stock Market
26:57 - Google and Microsoft are Paying Big to Play in AI
32:45 - GDP Accelerates 2.4%
35:43 - Jerome Powell "We need to get this done."
41:14 - Protection on the Stock Market is "the cheapest you've ever seen"
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This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Tom Stadum, Dan Schuster, Jacob Radke, and Noah Gjesdahl work for Fjell Capital in Fargo North Dakota and all opinions expressed by Tom, Dan, Jacob, Noah, or any podcast guests are solely their own opinion and do not reflect the opinions of Fjell Capital. Tom, Dan, Jacob, and Noah are registered representatives of Sanctuary Securities and investment advisor representatives of Sanctuary Advisors. Fjell Capital is a DBA of Sanctuary Securities and Sanctuary Advisors.
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