The Joseph Carlson Show

In a market obsessed with artificial intelligence, this episode follows the race to separate the real winners from the temporary hype.
0:00 AI winners, losers, and the investing roadmap
2:21 Phase 1: The AI scarcity boom
5:31 Why today’s AI winners may not stay winners
7:00 ASML, Nvidia, and durable supply-chain advantages
9:04 The danger of assuming cyclicals are no longer cyclical
11:13 Phase 3: Hyperscalers take control
16:09 Software stocks: AI disruption or rerating opportunity?
20:06 How I’m positioning my portfolio
23:13 Ferrari’s EV and the risk to the brand
27:29 Fail of the week: Colbert, late-night TV, and YouTube disruption

00:00 SpaceX Incredible IPO
15:20 Nvidia's Amazing Earnings Report
16:17 Why I'm Selling Intuit
21:25 Fail Of The Week: Trevor Noah on Quarterly Reports

00:00 Episode Overview
00:50 Chris Hohn Sells Microsoft and Buys Google
08:54 Bill Ackman Buys Microsoft and Sells Google
13:40 Dev Kantesaria Is Down -20% This Year
17:00 Berkshire Sells a LOT of Holdings
19:03 Terry Smith's Recent Performance Is Horrible
21:40 Pat Dorsey Is Buying Uber
23:30 Alta Rock Portfolio Bets Big On Amazon
24:15 Brad Gersner Bets Big on AI
25:00 Chuck Akre's Fund Will Struggle
26:40 Fail Of The Week: Waymo

00:00 Episode Overview
02:00 Google As An Example
06:11 Amazon
11:22 Uber
15:20 DoorDash
18:03 Shopify
20:32 Meta
24:58 Broadcom
29:03 Mercado Libre
31:50 Game Stop Rejection
33:57 Fail Of The Week: Texas vs Netflix

00:00 Episode Overview
01:20 Why Chris Hohn Is Selling
17:48 Chris Hohn Has Been Wrong Before
24:57 Texas Roadhouse Bull Case
28:23 Fail Of The Week: Prediction Markets