David Weisburd

So you have to really take a step back and look at it from first principles.

is Anthropic at $380 billion, is it overvalued?

Or like we discussed, are these deca billion dollar market cap opportunities still available?

And you have to make that first principle assessment of what ending of that company or that trend that you're in.

Said another way, your expertise and your networks within a specific sector is the alpha.

And when you go into another sector, you're just betting on beta.

Well, Glenn, this has been an absolute masterclass.

Thanks so much for jumping on the podcast and look forward to continuing this conversation live.

That's it for today's episode of How I Invest.

If this conversation gave you new insights or ideas, do me a quick favor, share with one person in your network who'd find it valuable or leave a short review wherever you listen.

This helps more investors discover the show and keeps us bringing you these conversations week after week.

Thank you for your continued support.

So Nick, you've been investing across your career in AI, fintech, defense, wealth management.

Tell me about what you're most excited about today.

context the performance can go through the roof and i sometimes get upset with my lms because i ask the l on the question gives me an answer two months later i realized that it was the wrong context or i didn't ask the right question there's a contra there's a counter thesis to what you're saying which is that the horizontal llms will

disrupt the vertical application of AI?

Does it really come down to the proprietary information?

Is there more to it?

Why won't the large LM players disrupt the vertical AI players?

And you've invested in terms of the largest players more in the wealth management tech than really any VC that I know.