Samir Chaudry

So it's like, okay, you need to have a story for how you use AI to get out.

That's the short answer.

Well, the interplay of AI and the market itself is kind of accelerated.

So the way that people interact with markets has changed.

So they're now very commonly pasting a transcript or pasting a company's earnings release into an AI system.

Those AI systems have biases that are quite separate from the biases that humans have.

I'll give you an example.

The company ASML is extremely complex.

As a human listener to the earnings call, you would be asleep halfway through the earnings call.

If you paste that into Claude Opus 4.8, it loves it.

It's like, wow, this is like the most interesting cutting edge.

Like, I don't even believe this is true.

Let me web search that.

You know, Claude is highly engaged with ASML in a way that a human kind of wouldn't.

There are.

And so some of these stocks that are that are pumping like HPE, you know, like I used to trade this thing back when I was at a hedge fund is the most boring company in the world.

And this guy, David Gills, who lives down the street from me, you know, it's like we were trading meme stocks and now he's trading HPE.

Right.

And so it shows you, you know, this is like a buyback, like 70 year old guys like we're, you know, not nothing against wearing suits or anything, but, you know, it wasn't an exciting story.

Now it's like, OK, now it has triple digit, you know, data center growth.