About this episode
Technology & Hidden Numbers
At one point, a shovel was the greatest technology. We talk about technology over time and what percentage of the market threw money into those great advancements. We also talk about some of the companies involved and about their success or failure. Today, there are companies putting billions of dollars into Artificial Intelligence, and none are making any money with that AI. What's worse, they are hiding some of what they are spending from their own shareholders! We bring in a real estate example to demonstrate what is going on with AI investments as well as cover how COVID changed the business landscape in our market. You need to buy the right asset at the right time and the right place. Do you want to invest in a company that is losing money? What about one that is hiding numbers from its shareholders? What company is making better decisions than the others? You won't want to miss this episode!
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