Patrick O'Shaughnessy

You may already know AlphaSense as the market intelligence platform trusted by 75% of the world's top hedge funds, providing access to over 500 million premium sources from company filings and broker research to news, trade journals, and over 200,000 expert transcript calls.

What you might not know is that they've recently launched something game-changing, AI-powered channel checks.

Channel checks give you a real-time, expert-driven perspective on public companies weeks before they show in earnings or consensus revisions.

AlphaSense uses an AI interviewer to run thousands of expert calls with real human experts every month, asking consistent questions across experts so the signals are clean, comparable, and useful.

You get live updates as interviews come in, full transcript access and coverage across every major sector.

Instantly compare insights across experts and analyze quarter over quarter trends in sentiment and key performance indicators.

For investors trying to stay ahead of the fast moving markets, it's already table stakes.

Hello and welcome, everyone.

I'm Patrick O'Shaughnessy, and this is Invest Like the Best.

This show is an open-ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money.

If you enjoy these conversations and want to go deeper, check out Colossus Review, our quarterly publication with in-depth profiles of the people shaping business and investing.

You can find Colossus Review along with all of our podcasts at joincolossus.com.

My guest today is Dan Wong.

Dan is a technology analyst and author who spent six years living in China studying its manufacturing ecosystem and tech development, best known for his new book, Breakneck.

Dan offers the most nuanced framework I've encountered for understanding U.S.-China competition.

We explore a critical asymmetry.

It's far harder for the U.S.

to rebuild manufacturing capacity than for China to improve scientific research, with profound implications for AI, national security, and investment returns.

For investors, Dan explains the ByteDance problem, why exceptional Chinese companies trade at massive discounts due to Communist Party unpredictability and geopolitical risks.

He argues China is a high-agency society that executes relentlessly while America deliberates endlessly.