A.I. WAR... on Stock Talk Live !

Invite

out.

Okay.

All right. Invitees out there. For those

of you joining on the replay, you can

fast forward to the disclaimers

while we wait for the studio audience to

come in, as is the case every week here.

10,000 global followers for yours truly.

I am a 30-year veteran of Wall Street

tech AI. I've known about Nvidia since

2002

um as an AI player and um retired in

2008

um by the grace of God having come up

from living in a basement, not a

basement apartment, a basement now

living in a penthouse, having been

retired, I can't believe it's been that

many years, almost 18 years now. Uh it's

been 17 years since my first Seeking

Alpha article

company went up seven bags and was

acquired. And now two hours just about

every week I come here and donate time

to you. The mom and pops of the world

who get ripped off by colleges by CNBC.

Yes, I said it. Okay. Colleges do not

teach you what you need to know. I

graduated from Northeastern University

with honors. Look it up. It's one of the

top 50 institutions in the country. And

yet I lost money for three straight

years after college uh in the stock

market. I was a stock market loser. I

was duped by the colleges. I was taken

under the wing of a Wall Street mentor,

somebody who was trained by a legend of

Wall Street. And he taught me the real

what's real real about Wall Street

investing, how to really look at these

things. And it's completely 180 degrees

from what CNBC teaches you, from what

day trading teaches you, from what the

internet teaches you, from what social

media teaches you. There is 10,000

clowns out there telling you what to do

with your money.

Guess who they care about and whose

money they care about. All right, so

we're just waiting for the studio

audience to come in, share the live. Um,

we're going to talk about my largest

position today. It is an AI name. Um,

but while we're doing that, let's get

the disclaimers on the screen. There

they are. If you continue to watch this

show or if you're watching this show,

you acknowledge that you have read this

or had somebody read it to you, okay?

Um,

and that's on you. I am not a registered

financial advisor. Okay? Everything is

laid out here. Okay? So, nothing I say

here constitutes investment advice, of

course. All right. Um, the information

I'm providing is to the best of my

knowledge as of the time that this

broadcast, but it could change at any

time, and I'm not, um, beholden to

updating that information. So, uh, that

takes care of that. Uh, now I want to

address one little I always give little

speeches here and there. Um, I do things

a certain way. All right, let's go.

Let's put on the chart here for now.

Actually, where was he? Oh, yeah. Yeah,

let's go back to this for now. That's

fine. Um,

I do things the way I was taught. All

right. The way I was taught turned me

into a multi-millionaire. The way I was

taught allowed me to make multi-7

figures per year. Okay? And so, I stick

to what I was taught. This is not my

way. This is the way I was taught. Yeah.

put some tweaks along the way to

optimize it, which has worked great. Up

like what 180% last year, right? No

losing picks since my daughter was born

almost 2 years ago in the official

portfolio. Nothing's closed out in a

loss, right? So, when somebody like this

comes out into the internet and starts

giving their wisdom out for free,

you've got really two choices.

listen and learn or move on.

Right? I ain't here to deal with your

way. I'm here to teach my way. There's a

big difference. You want to deal with

your way. Go ahead. Right. Go form your

own show. Go do your own thing. I'm not

I'm not here to deal with that. And good

luck to you. That's fine. That's cool.

Right? Maybe you're not one of the

10,000 clowns. Maybe you're one of the

real deals. All right. All right.

Doesn't matter to me. All right. So,

enough about that. Um, all that to say,

somebody that was in one of my

communities was acting up thinking I was

an a-hole. Listen, when you think

everybody's an a-hole, you're the

a-hole. All right. You were there doing

things your way and saying that I was

pushing my way on you. Yes. Exactly,

stupid. And that's why you're not in my

community anymore. I told people, and

this is the point of the matter, I don't

care how many followers I have. If you

saw my videos from the earlier in the

year, the problem I had was having too

many followers. I don't want this many

followers. All right? So, guess what?

I'm going to be very quick to get rid of

the ones that don't fit in. And that's

all there is to it. I don't want to be

one of those people with 50,000

followers, 100,000 followers, million

followers. I'm not an influencer. I'm a

stock analyst. I'm an equity analyst, a

stock picker. Okay,

you go do you. You can pump your stocks.

You can use technical analysis. You can

day trade. You can push all your stocks

you want, but not on me. Get the f out

of here. All right, let's go. Um, we got

a full audience here. Y'all know what

that means. It's Friday. It's Money

Mark. It's Stock Talk Live. We have a

huge show. Okay. [clears throat]

Um, and yeah, there's the disclaimers

again for those of you joining late. We

don't need that anymore. Um,

we're going to talk about the stock

market quickly, but we have so freaking

much AI to talk about. And for those who

didn't join in earlier, I am a 30-year

veteran of the tech sector. I used to

get paid by Wall Street. 3,000 an hour

was my going rate for my consultations.

Okay. So, it was like that. Jim Kramer

paid me. George Soros paid me. If you

watch the movie Dumb Money,

SACE Capital, Steve Cohen paid me, and I

was able to retire in 2008, okay, at the

age of 38. Um, and now here I am helping

you guys out. Um, so we focus on tech,

we focus on AI here, right? We do talk

about other names, but listen, AI is the

name of the game in the stock market

over the last couple years. As I've been

saying for a long time, AI is not a

bubble.

Hey, bro.

Hey, bro.

You were out here saying AI is a bubble.

One of the clowns in my audience here

who came this close to getting kicked

out, but he's kind of cool, so I kind of

let it go. What do you say now, stupid?

Huh? Watch what I have to say today and

you tell me AI is a bubble. Dumb

dummy.

We got a lot to say about that. Um,

we're going to talk about earnings

reports. We're going to talk about

winners and losers. We're going to talk

about um what's going on in AI that is

absolutely stunning even to me who's

been a bull on AI for coming up on three

years now. Okay.

>> [snorts]

>> to the point where you might be

surprised that even though Nvidia is

near the red line, I've started to buy

Nvidia again. Okay. Um, for those who

don't know, for you newbies out there,

I've these red lines have been my sell

targets on Nvidia. So, that was a 27%

drop. That was a 30 something% drop. And

then it hit this red line here and I

said, "Get out again." And it's gone

nowhere since. Up and down, up and down.

So, yeah, you could have made a little

bit of money along the way, but it's

basically gone nowhere since this red

line point right here. Maybe you're up

2%. If you didn't sell here, but guess

what? If you did sell here, that was in