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Anthony Scilipoti

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1019 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And so that is, that I think is also causing big swings.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Like, you know, we're looking at on a daily basis during earnings season, stocks move faster.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Like it used to be one or 2%.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Now we're looking at 20% moves in a day.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Oracle move 20%.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

That was like on, I don't recall the exact number, but that move, those were valuations of entire companies.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

It is almost 40%.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So you think about that and yet we're in a period of AI.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

We're in a period where there are drones.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Now, for Oracle's business, drones might not help.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

But think about Lululemon.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Drones looking at what's being sold, where traffic is.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

You have access and you can buy access to credit card data.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

You can talk to suppliers.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

There's all these expert networks that you can talk to, like individuals working in the industry or used to work in the industry.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

They'll give you all this information.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

inside but not inside type information and so yet all of that is happening and oracle stock price moves 40 on news and we have access to in better and supposedly better information than we've ever had how does that make any sense if we had better information then you know what stock prices on news would hardly move everybody would already have known it'd be fully priced in correct

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So therein lies the interesting point where they think that AI is going to beat us as investors.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

I say bring it.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

It's all good.