Show Notes
I share five business practices that have carried me through asset bubbles, financial crises, business pivots, and now the rise of AI. Topics covered include: Recommended note-taking app and practices Recommended periodicals How to get better ideas Why we need to understand the probabilities when pursuing a new course The latest insights on AI, prediction markets, and other topics
Sponsors Square - Get up to $200 in hardware Delete Me – Use code David20 to get 20% off Live Portfolio Cohort - May 2026 Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Researchers Asked LLMs for Strategic Advice. They Got “Trendslop” in Return. By Angelo Romasanta, Llewellyn D.W. Thomas and Natalia Levina—Harvard Business Review Paul Kedrosky Gregor Macdonald - Cold Eye Earth Prediction Market Accuracy: Crowd Wisdom or Informed Minority? By Roberto Gomez Cram, Yunhan Guo, Theis Ingerslev Jensen, and Howard Kung U.S. Soldier Charged With Using Classified Information To Profit From Prediction Market Bets—Office of Public Affairs, U.S. Department of Justice 64% of business books are profitable. That’s the bottom line from our study of Business Book ROI.—Josh Bernoff Libsyn Statistics, visualized—Livewire Labs The Big Bang: A.I. Has Created a Code Overload By Mike Isaac and Erin Griffith—The New York Times High earners race ahead on AI as workplace divide widens By Madhumita Murgia and John Burn-Murdoch—Financial Times Related Episodes 496: Are You Taking Enough Aspirational Risk? 535: Six Principles for Thriving Under Uncertainty and How Big Tech Is Doing the Opposite
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Bad actors will use AI to disrupt the financial system, transportation networks, and utilities. We should prepare now for this inevitability. We share how in this episode. We also explain why the bull market in gold will likely continue. Topics covered include: Why the OpenAI agentic AI breach is so disturbing How do we prepare for cyberattacks Why gold should be one of the assets we hold apart from the financial system How the historical relationship between gold and real interest rates has broken down To what extent are central banks selling dollars to buy gold How gold ETF flows influence the gold price
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