Steve Johnson: What the market is missing about the AI boom

AI may be transformational, but does that make AI stocks good investments?

Forager Funds Management’s Steve Johnson explains why he’s steering clear of the AI trade, where he’s finding value in Australian small caps, and why he still prefers stocks over property for building long-term wealth.

Chapters:

01:48 Steve Johnson on AI

04:28 AI Investing and Bubble Risk

10:33 What Could End the AI Trade

12:35 Forager’s Costly Mistakes

17:12 Software and Small Cap Opportunities

30:06 Motorcycle Holdings and Australia

38:15 Shares Versus Property

41:30 Credit and Australian House Prices

45:05 Advice for Long-Term Investors

Stocks & ETFs mentioned: EML Payments (ASX: EML), Fiserv (NYSE: FI), Xero (ASX: XRO), MYOB (formerly ASX: MYO; delisted), Catapult Sports (ASX: CAT), Wix.com (NASDAQ: WIX), Motorcycle Holdings (ASX: MTO), Eagers Automotive (ASX: APE), BYD (HKEX: 01211), Honda Motor (TSE: 7267), Meta Platforms (NASDAQ: META)

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This podcast is intended for education and entertainment purposes only. Any advice is general advice and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If unsure, speak to a financial professional. The host of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares Group but maintains editorial independence and operates under Australian Financial Services licence 540697.

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