Tom Gardner
๐ค SpeakerAppearances Over Time
Podcast Appearances
The technology is that transformative.
Obviously, we go back 30 years and see the early stages of the internet.
You know, I remember a time when David and I were just traveling around on a book tour and we walked into a restaurant or a coffee shop to have a little break between one interview and another and they said, would you like a table with the internet?
And it was like this dramatic thing.
It was like there was a smoke machine in there and it was like, it's so special, right?
It was elite experience that you could have.
You could have a table with the internet, right?
And then all of a sudden, you know, 15 years later, everyone's walking around watching videos on their iPhone.
So this is what's gonna happen with AI and companies need to be willing to not worry about generating rising profits right out of the gate.
But certainly, you know, the winners in the public markets, we are in a capitalistic system.
So the companies and organizations that use their capital effectively, that know how to turn diamond to a dollar,
are the ones that end up winning in our investment portfolios.
So I definitely like to look at our databases at The Motley Fool and all our Moneyball databases for the companies with the highest financial scores because they know how to manage their money.
They have a great CFO department and the ones that have the highest technology and AI scores in every industry because they're the ones that are being bold and creative and exploring what's possible.
So pair those two things together and I think you have some great investments out in front of us.
on our Twitter account at The Motley Fool, we'll run the survey and say, you know, if the S&P 500 were to fall 20% in the next six months, how would you feel about that?
And there's a surprising number of people that say they would feel terribly about that.
And that's bad news because the S&P falls 20% once every five years.
So that means
Every five years, 20% of likely the people following us at The Motley Fool and our members are going to be devastated by that.