Apple Is The Hidden AI Play

[@JosephCarlsonShow]

I completely lost my voice over the weekend. I can basically only talk right now at a low monotone voice, so sorry about that. Hopefully I'll be back to normal soon. Appreciate you all having patience. If you want to try out Qualtrim, here's a link: www.patreon.com/josephcarlson Qualtrim is included as part of the Patreon membership, as well as hundreds of exclusive episodes (new ones every week), and a community on discord where we can chat! You can try it all out risk free. It comes with a free trial and it's satisfaction guaranteed or money back.

[@ethanlemberger7772]

it sounds like an AI version of u

[@abcde12a3]

I thought you started to use AI voice tool to make your videos, lol

[@TiggerEm]

Hope you feel better soon!

[@shamone10]

Don’t worry Joseph, it sounds sexy 😉

[@gmoney5729]

Hey, would you be willing to give any one on one investing advice?

[@Thisirishlife]

Joseph...is this an AI generated voice?

[@geovannyl.2801]

Definitely!!

[@Xairos84]

It's pretty good! If I am just listening and not paying full attention

[@Thisirishlife]

@@Xairos84 Yeah you get used to it really quickly actually. AI scares me 😅

[@SrinidhiAithal]

AI voice sped up to 1.5

[@shadowninja6689]

FYI, there are AI services that content creators can use specifically for situations like this where they're either unable to film in a proper sound studio, or no longer have their voice due to illness.

[@johnathanvale8634]

I went to redlobster twice in one week. And ate 20 plates of shrimp.....i am 100% sure that i had something to do with this 😂

[@George-f8h]

Is that with or without the intestine on the back of the shrimp removed? 😂😂

[@robertoc.j.5563]

Definitely AI generated voice 🧐😅... Good try though. It lacks of sarcasms you have got us accustomed to. 😅

[@me-myself-i787]

The great thing about Apple is, they never actually invest in these bubbles but everyone thinks they secretly are in the background, so Apple gets much of the benefit and not much of the downside. But they're expensive. Microsoft's a bad option; there's no way OpenAI will get away with taking donor money and using it to create an AI model exclusively for Microsoft. Plus, everything OpenAI does has a free competitors (Dall-E vs Stable Diffusion, ChatGPT vs Grok and Llama, etc.) Personally, I think a good AI company is ASML. They're quite expensive, but are likely to benefit from any increases in demand for semiconductors because they have a strong moat. (They manufacture the lithography machines which chip manufacturers such as TSMC, Intel and Samsung use.) TSMC's also a good option, because they also have a strong moat because their factories already exist so they don't need to spend a ton expanding and upgrading, whereas any competitor (Intel) would have to spend a ton to catch up (which Intel is trying to do, but I'm not sure if they'll succeed). I think Nvidia and ARM are bad options because they are heavily reliant on a single proprietary technology with an open competitor (Nvidia's CUDA vs OpenCL, and ARM vs RISC-V). An underappreciated option could potentially be Metals Exploration PLC (stock ticker MTL, on the London Stock Exchange Alternative Investments Market (basically a stock exchange for micro-caps)). Their net income mysteriously spiked in 2023 right in the midst of the AI bubble. They classified it as "unusual income / expense", which could be because they believe AI is a bubble; also, because they and investors don't believe that their earnings will continue, they have a P/E ratio of less than 1. And they could be benefitting from AI because they sell the metal used in all these chips, which TSMC buys and then puts through ASML's machines based on Nvidia's design to sell to Microsoft, Alphabet, Amazon or an AI startup. Of course, this is assuming that the net income spike came from the AI boom; but that's a reasonable explanation. But they're not available on Trading212. But I could buy them through Hargreaves Lansdown or Fidelity.

[@arranmacdonald6897]

Well, that ended up being a wild comment. How did you end up going from Apple to an obscure microcap mining stock with 3-4 years of life-of-mine left, where they mine gold doré. Weirdly, it actually looks semi-interesting too haha

[@alexruchti3161]

I love Intuit as a company but their free cashflow has a giant black mark on it, SBC negates about 35%-40% on their FCF. That 10% per year average is much closer to 6%-7% which is way less appealing. I do see them benefiting a ton from AI but the FCF isn’t high enough to justify the huge SBC drag.

[@benjamineprg4249]

No doubt making smart plans and setting up diversified investment portfolios is quite essential. Diversification is key.

[@benjamineprg4249]

Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you.

[@Deitricklaverne]

yeah that's a good path, focus on a good strategy, relax back and watch it compound within the years. In good time you'll see returns.

[@Deitricklaverne]

You need to get a financial planner to aid diversify your portfolio to commodities index funds, digital assets etc, to provide illumination and guidance in the financial markets.

[@V.stones]

indeed, most people downplay the roles of financial planners until burnt by there mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I've been able to navigate the volatilities and scaled up 880k from 120k with professional guidance.

[@V.stones]

from a personal angle I'm aware continuing to invest in periods of higher volatility is a Smart way to build wealth.

[@eurabio]

Patrick Boyle made an excellent video about the Red Lobser fiasco and how they wanted a bankruptcy. PS: your new voice is sexy

[@ashreid20]

Apple just did a deal with openAI. it seems such natural place for it. "Hay Siri.. Explain Exponential Growth & Decay to me"

[@shaneoneil894]

The red lobster bankruptcy wasn’t due to mistakes. It was all strategic planning. They gutted that business and ate well.

[@bjorn6084]

I agree, it was covered in the Patrick Boyle video. Wasn’t it something to do with conflicts of interest of management with the company’s shrimp supplier?

[@johnpersechini4951]

Turbo tax uses a third party to process e file returns and they charge fees above the stated filing fees they charge. The amount is not disclosed when you file. I stopped using their services because of this.

[@ItsJustFil]

Do you have any alternative that you can recommend? Planning on moving away from them as well

[@TheBallers102]

The funnel of free users needs to grow no matter what the end goal or most attractive user is for turbo tax. Cannot spin it positively. This reduces their optionality. The risk of investing in high P/E companies comes with the caveat of investors demanding perfection in these reports and this report was not perfect.

[@OrangeDaddy47]

Everyone I know hates Turbo Tax because it is so deceptive. They say they are free, but at the very end of doing your taxes they make you pay.

[@elderdragon5657]

yeah, that Rabbit AI device made zero sense when it came out.. why have yet another device for $199 when efficiency was already consolidating to one smart device. was a rather dumb invention.

[@WoodyPomic]

That's a very good point. Apple already has loyal customer base to roll out these new AI features.

[@iMixMaSteR1]

The hidden ai play is Nvidia. So many people doubted 1k was achievable and its blown right past it. The price will continue to soar with the combo of the upcoming split and the next earnings report.

[@anthonylin7491]

its not hidden lol

[@katielowen]

Lmao ‘hidden’ 🧢🤡

[@iMixMaSteR1]

@@anthonylin7491 Its hidden in the sense that most people think its overvalued and wont buy in. Instead they'd rather chase cheap junk like AMD.

[@DapaChrons]

Hope you feel good soon and are back to 100%

[@gordonc8930]

How RUDE and disrespectful for Steve to cut off the host asking him a question!!! I don't care how smart you are but your character is so important!!!!

[@swethatelkar85]

Hope you feel better soon ❤

[@chadgriffith1969]

the idea is to look for stocks that have paid steady, increasing dividends for years(or decades), and have not cut their dividends even during recessions, speaking with a proper advisor can be very useful most times in getting the job done

[@deltaechomusicnh555]

Tesla is the biggest AI play company in the world. I wouldn't even put Apple in the top 5.

[@derickharris9273]

I Still don't see why apple hasn't talked about incorporating the translate app directly into messages app.

[@halleeccher1209]

Was expecting a video on saleforce instead, but as always, nice insights!

[@SiKu72]

Hey Joseph, don’t you think that the current rise of your restaurant stocks is due to higher inflation and ultimately less money in the people’s pockets to buy groceries which is why they go to one of them? In other words, it might be a temporary effect which will end any time inflation and interest rates cool down again..

[@chibble3591]

What? It would be the other way around

[@SiKu72]

@@chibble3591 what? No!

[@alexanderlin7312]

What is the difference between the story fund portfolio and the passive income one?

[@kianfarahani]

story fund growth oreinted, purpose to outform sp500 on like a 5 ish year timeline. Passive income, is dividend oreinted as the name implies.

[@uriabinenshtok]

thanks joseph for acknowledging intuit news on the video

[@Manveer_Dhindsa]

Nvidia still going brrrrrrrrr

[@epbrown01]

When a company blows up, I don’t have FOMO; instead I always talk myself out of buying in because I figure it’s hit its high point already. I’ve been wrong so many times over the years, watching them go to new highs, so I went ahead and bought a bunch of NVDA late last year. Very happy I broke that habit. ;-)

[@money.hungry]

brrrrrrrrrrrr brrrrrr brrr brrrr I would say

[@njtalbot]

Hello Joseph, do you have any concerns about a possible market crash?

[@davidhalbleib2467]

At first I thought I clicked on the wrong vid. 😂

[@jojabee3]

Red Lobster… the quintessential example of what “bad management” is. Yowza!

[@jessehamlin3420]

Feel better Joseph, thanks for pumping out another video - Just bought a little INTU on the dip and will buy more if it continues to fall - Seems like their stock based comp is starting to go down now

[@cjmartin7662]

Get better Joseph. Appreciate your efforts of playing while injured!

[@Clancysoucie]

While i admire long term investors, I really don't know what to expect. For instance, if i invest 500k what would my portfolio look like in 2030?

[@AdamsFerguson]

Well, in my opinion, If you invested it right now (during the market’s downturn) you’d be buying at a low price which is highly recommended by my fa and based on past performances in the market in 2030 with the right coach you should have four and a half million in your portfolio sitting pretty.

[@Clancysoucie]

hmmm, i can work with that. You mentioned an fa, it seems they play an important role in these. Can you recommend yours?

[@AdamsFerguson]

Yes her name is Dianne sarah olson, She's the best iin the game, Goodluck

[@Dailypalamides]

I just looked her up, if you don't mind can you explain how she understands when to invest for people, I've tried doing this myself and it's very overwhelming

[@phyllisburtonhearsawho]

i want to invest

[@moneycessity]

I remember seeing that nearly half of Warren Buffett's portfolio is in Apple. He knows something!

[@Ekryth1]

Get well homie.

[@Ari.M2007]

Your voice sounded fine, also congrats on starting correctly pronounce the word "here", keep up the good work

[@nataliam895]

Was it not correct? Im not native English speaker....

[@alexmyers8393]

@@nataliam895His voice does not matter either way. If you’re not a native speaker you might no hear the slight difference. His voice on this voice sounds AI generated. Fake.

[@GandalfTheGay98]

​@@nataliam895He usually pronounces it more like "hair".

[@21Ryoo]

Get well soon Joseph!

[@TheMuscleDocMethod]

Thanks JC. Get well!!

[@baneinvestment917]

Siri is googles biggest competitor

[@fivenineshaq]

I’d say it’s more likely Apple teams with Google than ChatGPT for AI integration. What do you think?

[@camilorios7821]

I know you don't own it but I would love to hear your thoughts on Nvidia and maybe your reasons to not own it (we all have our preferences but it'd be great to have your thoughts on it)... anyway, thanks mate!

[@notxasj]

He already talked about Nvidia in 2 prior videos. If not here then on his other channel

[@Jaythegermanpotato]

This sounds like Joseph from 4 years ago

[@Bendvanduuren]

Do you know why Intuit's return on equity and return on invested capital have fluctuated significantly over the past 10 years?

[@katielowen]

We need a healthy Joseph Carlson Voice AI created asap so everyone can create videos with your lovely voice 🥰

[@murderfred]

Hi, how's your salesforce???

[@TheBigShort11]

Already recovering, still 200% in plus

[@knpstrr]

Red Lobster got milked for everything it had

[@levelupwithsam]

Nice @Dave2D reference!

[@rogersmj]

I 100% agree with this and I’ve been holding strong with Apple. Apple, as usual, will be late to the party, but will be the one to execute AI in a way that will actually be useful to normal everyday people. They understand user experience better than just about anyone, and they already have the breadth of penetration into so many aspects of our lives - messaging, calendars, photos, payments.

[@The.Hidden.Investor]

Get well soon Joseph ❤️

[@brianlaskey5072]

As an open source advocate/user/zealot, I find the whole "you now have to pay monthly for our proprietary software" thing, hilarious.

[@jeremiah641]

I think It's because he has to pay for the financial data API (I think I remember him talking about it when he started it.)

[@brianlaskey5072]

@@jeremiah641 I meant Inuit (and Adobe?) charging you monthly to use TurboTax etc. 🍺

[@dongzual2372]

Red lobster should've done $1 margaritas

[@user-bq3cd7ss5u]

🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸Dear Joseph, could you please update your portfolio to exclude UNP RAILROAD, or do you still own this stock? Thank you❤❤❤

[@gavinbrooks2178]

I dont rhink this was mis management of red lobstwr by any stretch of the imagination. The VC extracted as much value feom the company as posible. Period. What do you think on reflection JC.

[@MassManicMedia]

Idk why you don't say the percentage your up on your holdings instead of the cash amount.

[@jacobreinhart8948]

love ur videos joseph, please never stop

[@robertclarkson6064]

Agree on Intuit

[@user-mi2ib6rp5c]

Any thoughts on $COST earnings this week?

[@joed2525]

He doesn’t actually use the m1 finance platform also.

[@alexmyers8393]

What does he use?

[@thecapone45]

Had to do a double take and see if I clicked on the wrong video. Totally sounds like you, but with AI vibes. Edit: Totally expected at the end for you to reveal that the entire voice-over was an AI bot, especially since you didn't show your face in the video. But I figured it was your real voice because of how you pronounced the word "here". Get well soon, JC!

[@ItsJustFil]

I see what you did there with the voiceover 👀

[@Unknown.Stonks]

There is a reason for once JC had no face cam and his voice is off, it is simply AI

[@leisurefarm]

nah, your new voice is wonderful. thanks for doing the video despite being under the weather! gws!

[@rarisandrovers]

Appreciate the content as always. Get well soon, king

[@Personalfinance001]

You said you were trimming apple in an earlier video?

[@knpstrr]

yeah he sold some

[@chriskollman581]

What are your thoughts on $CAKE?

[@joaodealmeida26]

Get well soon

[@brucebanksshow]

Yeah the AI was extremely obvious

[@ricknogan413]

Totally an AI voice, no emotion, a few flubs like ignoring plurals, but it does the job.

[@Rogershijianhui]

Get better soon❤

[@luisbarragan9555]

NVDA is the hidden AI play. It's the most hated stock in history but it's just the beginning.

[@brunoradovanovic2408]

Hated? I dont see any hate… but 3T market cap is too much i long term

[@knpstrr]

Don't know the ins/outs of the chip designers, but it seems like if someone can come out with a better chip no one has any reason to be loyal to Nvidia. So far they are hitting homeruns, but it seems feasible the party could end virtually overnight

[@jacqdanieles]

"Hidden"? 😂😂😂

[@luisbarragan9555]

@@knpstrr they cannot. Nvda is light years ahead of the competition. It's not even close. They have unlimited demands for years and possibly decades to come.

[@knpstrr]

@@luisbarragan9555 why? Why can't someone else design a competitive chip? TSM makes them all anyways

[@JonJon-kx6xl]

Should I invest in having a cold?

[@v4enthusiast541]

Bearish on colds, Bullish on garlic & onions

[@23pinkpear]

I don’t see ppl paying for An AI phone subscription?

[@Heatranoveryou]

red lobster's corpse successfully harvested

[@M3W3]

What if the new disruption don’t need a phone anymore? Just an AI powered device that can access internet? We can connect without phone contract, we seriously don’t need a phone now as I hardly use my phone as a phone , majority is on WiFi on search and entertainment which seriously don’t need as phone. Apple still relevant all because of Apple ecosystem , not because of its phone. If some new disruption came to disrupt its ecosystem, I do think Apple is vulnerable for big disruption. Apple should disrupt their own iPhone market, it’s time to ditch the phone and completely move to a new AI powered device that not as bulky as iPad, but more function than the current Iphone.

[@jacqdanieles]

So how does one communicate without a phone?

[@Alexander5400sonne]

This is NOT an AI voice of Joseph. I‘m sorry.

[@fvid88]

Joseph, I wish you prompt recovery. I had a very severe cold for two weeks I am finally getting out of it. This thing is everywhere.

[@supereffectivemedia]

Red lobster need to do seafood boils 💯

[@koshyphilip4410]

This sounds better…

[@PaulSmith-zt7ix]

Apple could sell mobile desktop laptop and server GPU but they are behind Nvidia and AMD, Apple wasted money on stock buy backs

[@bruxi78230]

@PaulSmith-zt7ix ----- Apple is already working on server chips. Big advantage they will have are a better cost structure. Nvidia chips are top of the line speed wise but are crazy expensive and huge consumers of power. Apple will be using these chips for in-house processing and not selling to other companies. Every server they deploy saves mega-bucks on not having to buy Nvidia servers.

[@Owengaming96]

Bro you right

[@rubenaarens7917]

First! Thanks Joseph! Your video’s are greatly appreciated. Keep it coming 💪🏻

[@alexisdamnit9012]

Just bought more at $567 :)

[@XxJack893xX]

Sounds like a AI voice spend up 1.5x

[@Spzsena]

I love your videos

[@chrisacevedo8456]

Tesla is ready to roar! Robots on wheels

[@freds8482]

Jumpscare at your voice. Feared for a second that you have been replaced by AI. Get better soon, mate!

[@sam87389]

I actually saw this exact cnbc episode

[@matt.stevick]

Red Lobster 🙈 damn

[@Al.Fer1234]

👍👍

[@SantiagosFakeBeard]

I am man from Poland. Apple make own chips for AI.

[@bombmanNL]

10:10 Huh?? Servicenow is not down 20% after earnings. What you talking about?

[@jemanuelg99]

You should have told the AI to make your voice sound more sick

[@raysherr8892]

Qualtrim isnt letting me subscribe

[@tomzphone]

@josephCarlson, you keep saying that Visa is a good investment, etc. Are they really? Their stock has done very little in the last 5 years? Should I keep it ?

[@johnristheanswer]

Hidden in plain sight.

[@nickjames6813]

Plz update your positions w/ the links to your portfolio God bless🙏

[@michaelswami]

You converted Intuits Forward looking statements into facts. Even they don’t say that.

[@michaelswami]

Having said that, feel better.

[@Marie-te]

Get better Joseph!

[@actondon6573]

would not same logic apply to Google which owns biggest android app store?

[@Rogershijianhui]

QQQ is the biggest AI play 😝