Josh Wolfe - Where to be Bearish and Bullish in 2024 | Prof G Conversations

Josh Wolfe, the co-founder of Lux Capital, joins Scott to discuss the sectors he’s most excited about and those he thinks are overhyped. We also hear his thoughts on the Magnificent Seven and where the crypto market is seeing new life. Follow Josh on X, @wolfejosh.
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Timestamps:
00:00 In this episode
01:02 What are you most bullish or bearish on?
04:25 Is opportunity in good companies where the valuations have been rationalized?
07:24 Do you believe that AI will be a net destroyer or creator of jobs?
10:43 What do you think is our economy’s Achilles heel?
11:29 Fission over fusion
13:53 How come the price of nuclear hasn’t come down?
15:59 What public companies or sectors would you bet on?
17:40 Are there any other sectors or companies that you’re bearish on?
22:18 Stack rank who you’re most bullish and bearish on in the Magnificent 7
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#business #news #tech #finance #news #stockmarket #nuclearenergy #AI #magnificent7 #stockpredictions #crypto #investing #economics #profg #scottgalloway #profgconversations #JoshWolfe

Пікірлер: 67

  • @kortyEdna825
    @kortyEdna82523 күн бұрын

    The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

  • @foden700

    @foden700

    23 күн бұрын

    Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...

  • @brucemichelle5689.

    @brucemichelle5689.

    23 күн бұрын

    I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months.

  • @NicholasHarmon-ow3jl

    @NicholasHarmon-ow3jl

    23 күн бұрын

    I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

  • @brucemichelle5689.

    @brucemichelle5689.

    23 күн бұрын

    There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

  • @NicholasHarmon-ow3jl

    @NicholasHarmon-ow3jl

    23 күн бұрын

    Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @DrFractal123
    @DrFractal123Ай бұрын

    It was interesting but a VC guy calling other jobs BS jobs is a bit rich!

  • @tonywilson4713

    @tonywilson4713

    Ай бұрын

    Yeah - I'm an engineer and I agree with a lot of what he says about things like maintenance. Plus I think he's spot on with the hype surrounding certain industries and what they can deliver, *BUT ITS BEEN HIS INDUSTRY* that has F*CKED UP so many other industries with their VULTURE Capitalism. Yeah I don't believe the V in VC stands for venture but vulture. The reason why I watch people like Prof G. is so I have the means to argue AGAINST a lot of what the economics clowns say. I see Prof G railing all the time about the crisis of men and other points BUT he rarely accepts that its *HIS KIND WHO ARE THE PROBLEM.* Occasionally he does and he's also nowhere even close to being as bad as many, but he's still part of the overall problem.

  • @andresheyn9100

    @andresheyn9100

    Ай бұрын

    @@tonywilson4713 you can really not make him responsible for his sucking peers imo.

  • @alexbouffard

    @alexbouffard

    Ай бұрын

    @@tonywilson4713 Funny that you mention this because I discovered Professor G from this Ted Talk where he literally calls out Boomers for how society is now. Not sure if you already saw this but it just released yesterday. I can thank my KZread algorithm for showing me this. kzread.info/dash/bejne/o3l-lsqkoLS9aKg.html

  • @BodyByBenSLC
    @BodyByBenSLCАй бұрын

    I do apartment maintenance. Apartment buildings are blindingly expensive to maintain. Everyone thinks it's a leaky pipe now again but they start fall apart as soon as finished and add residents. BRUTAL!

  • @ericwood3709

    @ericwood3709

    Ай бұрын

    Funny thing -- I was watching a stream where people were talking about home robots and how useful they might be, and my mind went not to dumb little tasks like mowing, vacuuming and dishes, but rather the kinds of things that are expensive, hazardous or beyond my skill level, like plumbing and fixing a roof. I would want a robot that could do those sorts of things.

  • @aupti
    @auptiАй бұрын

    Bring him more

  • @ghostpos

    @ghostpos

    Ай бұрын

    He was fantastic

  • @stevechance150
    @stevechance150Ай бұрын

    This is what I've been waiting for. New Prof G content.

  • @dshephardcomposer
    @dshephardcomposerАй бұрын

    Great to see Josh Wolfe on this pod!!!! Thank you, Prof. Yes, fission! Please.

  • @AudiTTQuattro2003
    @AudiTTQuattro2003Ай бұрын

    I'm waiting for AI to do pod casts and videos, replacing all influencers and online experts.

  • @AEKerr
    @AEKerrАй бұрын

    Prof. G, you did it again,,Josh Wolfe came with a Shit Ton of info that is literally equated to my new knowledge phrase, 'Diamond Brain'

  • @kurtnunn6116
    @kurtnunn6116Ай бұрын

    Another great discussion. Thank you.

  • @-Gramps
    @-GrampsАй бұрын

    VERY educational interview. Scott. Thanks! I learned a lot!

  • @jstevenson520
    @jstevenson520Ай бұрын

    Hadnt heard of Josh till just now but love the way this guy thinks. Great Ep

  • @crackerbarreIkid55
    @crackerbarreIkid55Ай бұрын

    Josh is a baller

  • @jamespardue3055
    @jamespardue3055Ай бұрын

    Haha, I did electrical maintenance and trouble shooting for years, then went into semiconductor industry maintaining scanning microscopes, then back to electrical work as a solar technician. I did this because you can't outsource those jobs, so no unexpected breaks in income. You won't get rich doing it but it's a good solid living. The US needs tech schools in a huge way, 2-3 year degrees, and get kids earning decent money right out of the gate. And it's great to see skilled tradesmen in demand again.

  • @theProfgShowscottgalloway

    @theProfgShowscottgalloway

    28 күн бұрын

    Your journey sounds fascinating and incredibly practical! The demand for skilled trades is definitely on the rise. 👍

  • @ReasonableHuman1
    @ReasonableHuman1Ай бұрын

    Tnx

  • @JoshWolfComedy
    @JoshWolfComedy2 күн бұрын

    $FATHER is Bullish in 2024

  • @baffinsansterre
    @baffinsansterreАй бұрын

    If projects pitched to VC wasn't crazy, it would already exist.

  • @theProfgShowscottgalloway

    @theProfgShowscottgalloway

    28 күн бұрын

    Thanks keep supporting

  • @mjbluth
    @mjbluth27 күн бұрын

    8:27 People look down on nurses? Thought general consensus was an honorable career path

  • @xaviervela3889

    @xaviervela3889

    24 күн бұрын

    I think he means that in general blue-collar professions tend to be looked down upon, but I agree that nursing is still well-respected but in desperate need of more people, so in that way, it is similar to the other blue-collar jobs that tend to be looked down upon.

  • @joshKozak
    @joshKozakАй бұрын

    Great talk but since his name is Josh I now have to back him up blindly. 😂

  • @fozziewossie
    @fozziewossieАй бұрын

    Capitalists: Give me something expensive, that I can have a monopoly over and that the government will pay me to build and maintain forever. (Nuclear) No I won't cover any accidents that happen. Politicians: We can have centralized power and grift? Yes! Alternative: Distributed, cost effective, resilient, (can be) community funded, clean, will lead to novel use cases and network effects possibly like the internet. Capitalists & Government: No. That's a dangerous idea.

  • @RTC1655
    @RTC1655Ай бұрын

    TMI

  • @VXDRG
    @VXDRGАй бұрын

    First

  • @andreaqui1653
    @andreaqui1653Ай бұрын

    Apple is so un-innovative. I don't get the fandom around their products.

  • @ehlava
    @ehlavaАй бұрын

    So what part of Tesla Model 3, S, X, Y, cybertruck, semi, home and grid energy, SpaceX (and all that came before) is not truth? Elon is f-ing annoying but comparing him to Trump and Truth Social is so emotional and ridiculous, it borders on unhinged. I remember when the US cheered its innovators and took pride in Made in USA.

  • @classactionsteve
    @classactionsteveАй бұрын

    Does this guy have a huge nose or what

  • @growsinhouseherbiculturali1100

    @growsinhouseherbiculturali1100

    Ай бұрын

    This guys huge brain has given him a huge wallet.

  • @-vv3rv
    @-vv3rvАй бұрын

    I'm new to investing, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.

  • @gaspardfigueroa

    @gaspardfigueroa

    Ай бұрын

    As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

  • @gaspardfigueroa

    @gaspardfigueroa

    Ай бұрын

    Mrs Nancy Williams Laplace

  • @Petch20

    @Petch20

    Ай бұрын

    This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

  • @Holler-cy8vn

    @Holler-cy8vn

    Ай бұрын

    Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

  • @Ethangray-cr5nd

    @Ethangray-cr5nd

    Ай бұрын

    The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

  • @briankennedy2013
    @briankennedy2013Ай бұрын

    Scott Calloway repeats the same five statements over and over again and every platform he goes on

  • @theProfgShowscottgalloway
    @theProfgShowscottgalloway28 күн бұрын

    Wow, your podcast never fails to impress! Just had to create a highlight clip from it. Let me know what you think!❤

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