TIP763: Investing Lessons for My 18-Year-Old Self w/ Clay Finck
Host Clay Finck delivers a solo episode structured as a letter to his 18-year-old self, sharing 12 key lessons from his investing journey, including starting early, using index funds, focusing on great businesses, and managing emotions. He explains why beating the market is difficult but possible, how patience and time horizons create an edge, and why moats, management quality, and megatrends matter more than simple valuation metrics like P/E. The episode also covers investor psychology, avoiding unnecessary complexity, building a peer network, and developing an independent, process-driven investment philosophy that fits one's personality and goals.
Cheaper Teslas, OpenAI's Cash Burn, and Apple's CEO Succession Plans
Kara Swisher and Scott Galloway discuss Tesla's newly announced cheaper but downgraded Model 3 and Model Y, and what the moves reveal about intensifying EV competition, Tesla's shrinking market share, and the company's stretched valuation. They analyze OpenAI's massive compute deals with NVIDIA and others as signs of a potential AI bubble and explain how AI-driven market gains concentrate risk and give political cover for Trump's aggressive policies. They also cover the surge in gold prices and what it signals about confidence in the U.S. dollar, Apple's emerging CEO succession plan around John Ternus, bank lobbying over a potential Fannie Mae/Freddie Mac IPO, National Guard deployments and ICE raids in U.S. cities, and close with predictions on the Nobel Peace Prize and the length of the government shutdown alongside personal anecdotes.
Kimmel & ABC, Nvidia's OpenAI Investment, and Tylenol's Trump Problem
Kara Swisher and Scott Galloway discuss Jimmy Kimmel's emotional late-night return after his Trump clash, what it reveals about masculinity, and why late-night TV is structurally in decline despite strong individual performances. They analyze Nvidia's $100 billion investment in OpenAI as a potentially late-stage bubble, related-party style deal that concentrates AI power and raises antitrust concerns, then examine Trump's unsupported claim that Tylenol causes autism, what Kenview should do in response, and the classic Johnson & Johnson Tylenol tampering case as a crisis-management model. The hosts also cover YouTube's decision to reinstate previously banned misinformation accounts under political pressure, a Florida investigation into Office Depot over a refused Charlie Kirk poster, their expectations of cronyism and giant, likely disastrous M&A deals, and end with a strong plea for adopting rescue dogs amid rising pet surrenders.
TECH002: Jensen Huang & NVIDIA w/ Seb Bunney - Review of The Thinking Machine by Stephen Witt
The episode is a book-club style discussion of Stephen Witt's "The Thinking Machine," focusing on how NVIDIA evolved from a niche gaming graphics company into a central player in the AI revolution. Preston and Seb trace the technical and strategic milestones behind NVIDIA's rise-parallel processing, GPUs, CUDA, and neural networks-while examining Jensen Huang's leadership style, culture-building, and obsession with speed and iteration. They also touch on the implications and risks of AI, Huang's reluctance to address them directly, and preview their next book on OpenAI and Sam Altman.
ABC Pulls Jimmy Kimmel, Pam Bondi's Free Speech Mess, and Trump Sues The New York Times
Hosts Kara Swisher and Scott Galloway discuss ABC's decision to pull Jimmy Kimmel Live after a segment about the Charlie Kirk shooting, criticizing pressure from FCC commissioner Brendan Carr, conservative station owners, and Disney CEO Bob Iger as an attack on free speech. They examine Florida Attorney General Pam Bondi's comments about targeting "hate speech," Trump's defamation lawsuit against The New York Times, media consolidation, and Scott's idea of economic pushback by affluent consumers. The episode also covers FBI Director Kash Patel's combative congressional testimony, NVIDIA's stake in Intel and China's response, Trump's extended TikTok deadline and proposed sale structure, and closes with political chatter about Pete Buttigieg and a prediction of a coming M&A wave.