The AI Bubble Thesis with Doug Clinton | The Case for a Coming Tech Boom Bigger Than the Dotcom
Excess ReturnsMarch 21, 202400:59:17

The AI Bubble Thesis with Doug Clinton | The Case for a Coming Tech Boom Bigger Than the Dotcom

AI stocks have seen a big run recently. This has led many fundamental-based investors to suggest that things have gotten ahead of themselves. Some have even suggested AI is already in a bubble. But what if we are still in the early innings? What if a bubble is just getting started that could eventually exceed the dotcom bubble? Those are the questions we tackle this week with Deepwater's Doug Clinton. Doug wrote a thought-provoking tweet in which he suggested that studying past tech booms suggests that this one might only be getting started. We dig into that idea with Doug. We also discuss the unique AI driven stock picking strategies he has been running, what AI might mean for the future of investing and a lot more.

00:00 - Intro
02:13 - The patterns of technology booms
04:40 - Becoming an early optimist
06:57 - Where AI is in the technology boom cycle
08:43 - How AI will change our lives
10:11 - How the AI boom might be different than technology booms of the past
14:11 - Genius and luck
17:17 - The difference between bull markets and bubbles
23:30 - Investing in a bubble environment
26:22 - Finding the eventual winners in AI
29:12 - Is it better that companies are staying private longer?
31:52 - Challenging the AI thesis
35:22 - Can the biggest companies remain the leaders?
38:38 - The advantages of AI powered stock picking models
40:56 - Applying Elon Musk's master plan to the asset management industry
42:57 - Developing AI-based stock picking strategies
48:27 - The challenge of back testing AI strategies
54:35 - Could AI increase profit margins for the overall market?
57:16 - The future of AI

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https://twitter.com/dougclinton

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https://www.excessreturnspod.com

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https://www.validea.com

FIND OUT MORE ABOUT VALIDEA CAPITAL
https://www.valideacapital.com

FOLLOW JACK
Twitter: https://twitter.com/practicalquant
LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094

FOLLOW JUSTIN
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LinkedIn: https://www.linkedin.com/in/jcarbonneau
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