Rudi: AI is the end of investing as we know it

Video Description

While "survival of the fittest" certainly applies to the Earth's abundance of flora and fauna, it may be time for investors to take a page out of Darwin's book. That's according to FNArena's Rudi Filapek-Vandyck, who believes the market has irreversibly changed since 2014 - as has the way investors should value stocks. In this episode, Rudi outlines why he believes technological innovation will transform the market as we know it. He also discusses some of his favourite ASX-listed stocks to play the AI theme, the importance of quality companies in today's markets, and what it takes for a company to be an all-weather stock. Note: This episode was recorded on Wednesday 29 May 2024. Note #2: Ally was today years old when she learnt what R.E.M. is, she apologises for any harm her ignorance may have caused hardcore fans. If it's any excuse, the song was released seven years before she was born. https://www.livewiremarkets.com/wires/rudi-ai-is-the-end-of-investing-as-we-know-it/ 0:00 - Intro 1:32 - One thing that will truly surprise investors: The true impact of AI on markets 10:42 - What that means for the future of value investing 16:49 - The next stage of AI winners 17:24 - Locally listed players that could benefit 19:56 - Why forecasts for NextDC and Goodman Group are likely accurate 22:54 - How to value these companies 24:55 - Why quality companies are so important today 26:35 - Defining quality 30:37 - Businesses that are heavily investing in their futures 32:13 - Quality "pretenders" and the mistakes Rudi has made recently 35:15 - A bearish analysis of Telstra 38:12 - Putting Rudi's cash holding to work 38:48 - Two questions from one of Rudi's biggest fans 45:09 - The biggest mistake Rudi has ever made and the lesson learnt from that 50:13 - Three stocks for the next five years