James Altucher

Yeah, Geithner. Yeah.

Yeah, Geithner. Yeah.

Yeah, Geithner. Yeah.

Bullish. Yeah, definitely bullish.

Bullish. Yeah, definitely bullish.

Bullish. Yeah, definitely bullish.

Because one skill, why did Walmart succeed when almost every mega grocery store failed is Walmart was particularly good at switching its supply chain very fast on the hundreds of thousands of products it sells. So what happens with big tariffs, you need to immediately switch your supply chains so you're getting products from places with lower tariffs. So Walmart is particularly good at this.

Because one skill, why did Walmart succeed when almost every mega grocery store failed is Walmart was particularly good at switching its supply chain very fast on the hundreds of thousands of products it sells. So what happens with big tariffs, you need to immediately switch your supply chains so you're getting products from places with lower tariffs. So Walmart is particularly good at this.

Because one skill, why did Walmart succeed when almost every mega grocery store failed is Walmart was particularly good at switching its supply chain very fast on the hundreds of thousands of products it sells. So what happens with big tariffs, you need to immediately switch your supply chains so you're getting products from places with lower tariffs. So Walmart is particularly good at this.

So the tariffs actually make me super bullish on Walmart.

So the tariffs actually make me super bullish on Walmart.

So the tariffs actually make me super bullish on Walmart.

Yeah, but Costco's got the membership aspect. So it's got a big moat, which is why Charlie Munger, you know, Warren Buffett's former number two guy, he's passed away. But Costco also, I'm bullish on, is a very smart company. By the way, you could buy gold bars at Costco, sometimes at a discount to the regular gold price. That's the only time I would buy gold.

Yeah, but Costco's got the membership aspect. So it's got a big moat, which is why Charlie Munger, you know, Warren Buffett's former number two guy, he's passed away. But Costco also, I'm bullish on, is a very smart company. By the way, you could buy gold bars at Costco, sometimes at a discount to the regular gold price. That's the only time I would buy gold.

Yeah, but Costco's got the membership aspect. So it's got a big moat, which is why Charlie Munger, you know, Warren Buffett's former number two guy, he's passed away. But Costco also, I'm bullish on, is a very smart company. By the way, you could buy gold bars at Costco, sometimes at a discount to the regular gold price. That's the only time I would buy gold.

NVIDIA... I'm mostly bullish. But here's the thing. Eventually, you're not going to need 100,000 NVIDIA chips to make the best AI, just like you don't need any more to upgrade your phone every year. We used to upgrade our phones every year. Now we don't really have to. I mean, I just bought an iPhone 16, but my last iPhone was the iPhone 12 because it was good enough. And eventually...

NVIDIA... I'm mostly bullish. But here's the thing. Eventually, you're not going to need 100,000 NVIDIA chips to make the best AI, just like you don't need any more to upgrade your phone every year. We used to upgrade our phones every year. Now we don't really have to. I mean, I just bought an iPhone 16, but my last iPhone was the iPhone 12 because it was good enough. And eventually...

NVIDIA... I'm mostly bullish. But here's the thing. Eventually, you're not going to need 100,000 NVIDIA chips to make the best AI, just like you don't need any more to upgrade your phone every year. We used to upgrade our phones every year. Now we don't really have to. I mean, I just bought an iPhone 16, but my last iPhone was the iPhone 12 because it was good enough. And eventually...

Nvidia chips will be just good enough, but it's growing so fast now. I would, I'm still bullish on Nvidia, but not for the super long run.

Nvidia chips will be just good enough, but it's growing so fast now. I would, I'm still bullish on Nvidia, but not for the super long run.