Stock Prices are Mathematically Impossible.

Howard Marks recently called out the IPO frenzy of SpaceX, Anthropic and OpenAI as a “money-losing bubble”. But what does this mean for value investors, and how do we invest during a time like this?

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The Prof G Markets Podcast: https://www.youtube.com/watch?v=_LZe22xhsHc&t=308s

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★ ★ CONTENTS ★ ★
0:00 The AI IPO Warning
2:18 Can We Value the AI IPOs?
7:40 Is 2026 Another Tech Bubble?
10:40 Howard Explains How to Invest in AI

My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast

Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it’s appropriate for you. Read Brandon’s Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.

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