George Steer
speaker
109 appearances
4 recordings
1 series
first heard May 2026
last heard 21 Aug
George Steer’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in May 2026 with 3.
Appearances
Whether or not that will help retail investors is a good question.
I don't think there's much academic evidence.
literature on whether chat GPT is good for returns.
Generally though, Warren Buffett is famous because he doesn't chop and change his positions every day, right?
His whole philosophy is that, you know, you buy and hold.
So if you're trading more because you now have access to an AI agent, intuitively that might lead to worse returns, I'd wager, but it's an open question.
I think this is a feature that would only be rolled out when markets are frothy and on the rise as they are right now.
The S&P has hit a series of record highs.
AI chips are on a crazy run at the moment.
There are like triple digit percentage points.
I read it as another way in which stock investing in particular has been like over the past few years gamified by these retail trading platforms.
Anything that makes sense.
stock investing easier and more fun, which I imagine this kind of will do.
You know, that kind of attitude has become pretty widespread because stocks just keep going up and up and up and nothing really can stop them.
Yeah, no one loses.
Thank you.
So the IPO is expected to be the largest of all time.
It's going to hopefully, for Elon Musk, raise around $75 billion.
And SpaceX is targeting a valuation of around 1.75 trillion, which would immediately rank it within the top 10 biggest companies in the world.
No, the proportion of its total shares that will actually be traded on IPO day next month is relatively small.
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