Ryan Knudson

Why do you believe that just buying an index fund and holding it for as long as possible is the best strategy?

Okay, let's talk about 2025 for a minute.

A year ago, what did you think was going to happen in the market, and how does that compare to what actually happened in the market?

So what the hell?

Why?

Why did it go up?

And what's the lesson there?

So what's your high-level prediction for 2026?

You went into 2025 thinking the market was maybe going to have a lower performance year.

Do you think that's going to be the case this year?

There's a lot already going on in 2026, though, that I wonder if it affects your thinking.

There's Venezuela.

There's the drama at the Fed and the questions about what's going to happen to interest rates.

There's concern about an AI bubble.

Does any of that make you think about changing your strategy?

I want to drill in on the AI bubble specifically.

When people talk about is there an AI bubble, is there not, there's certainly controversy around that.

People in the AI industry certainly don't.

But what's your take when you just look at the valuations of those stocks?

Also, just like with any new giant technology that seems extremely promising, there often is a lot of investment because everyone's trying to get in on it.