🤖 The AI Paradigm Shift: Beyond Resource Optimization – Krzysztof takes us on a philosophical journey through history’s technological eras, from Greek substance thinking to medieval God-centered worldviews, to our current technological age where everything is seen as a resource to be optimized. What happens when AI makes this optimization obsolete?
🧠 From Human Resources to Human Flourishing – In a world where AI handles efficiency and productivity, how do we transition from viewing people as resources to prioritizing human wellbeing? We explore investment opportunities in this fundamental shift.
🚗 Post-Scarcity Society & Universal Basic Income – what happens when AI eliminates most jobs. Will we become a society of creators, educators, and capital allocators? How do investors prepare for a world where traditional employment models collapse?
📚 Philosophy Meets Investing – Why understanding Heidegger’s critique of technological thinking might be crucial for spotting the next big investment opportunities. The best investors go where things are heading, not where they’ve been.
⚠️ The Entertainment Trap – David Foster Wallace’s prescient 1995 vision of society entertained to death, and how Google’s Veo-3 video generation could create the ultimate attention-capturing entertainment that we literally cannot turn off.
🏥 Oscar Health Deep Dive – Krzysztof explores $OSCR, a tech-first insurance platform putting human wellbeing at the center of healthcare. Strong financials, 2M+ members, but facing existential risk from potential ACA reform under the Trump administration.
⚛️ Quantum Computing Reality Check – Luke picks up the short banner on quantum computing companies, buying puts on Rigetti $RGTI. Why this sector is “3D printing on steroids” – a massive bubble built on science fiction rather than simply a sequence of engineering challenges.
🌍 Sicilian Adventures & Motorcycle Philosophy – From navigating tiny Italian streets to the broader question of how we experience the world – on two wheels versus enclosed in “glass boxes.”
Segments:
00:00 Introduction
07:20 AI Doom and Philosophical Framework
24:12 The Future of Work and Human Purpose
37:57 Oscar Health Stock Analysis
54:18 Quantum Computing Short Position
01:09:56 Closing Thoughts
E83 – AI Uprising – No Ads
[00:00:00] Krys: On the highway. they’re really going fast. They’re tailgating one another and in the cities it’s like people crossing and everybody honking at each other and somehow I have not seen any accidents.
[00:00:11] Luke: none of us will be driving our cars soon anyway, because of today’s headline topic, which is AI Doom.
[00:00:17] Krys: the best investors are those that go to where things are heading, not to where they’ve been
[00:00:22] Luke: one of the serious downsides is this is gonna drive a much bigger chasm between the haves and the have nots.
[00:00:31] Krys: I’m calling this an existential problem because drugs exist in order to numb, to take away fear fear of there being no ground and nobody telling you what you ought to do with your life.
[00:00:44] Luke: We’re free, like we’ve been set free by this AI revolution as opposed to being, like suppressed by it.
On this week’s Wall Street Wildlife with Christophe and Luke, what does the rise of AI mean for the future of society and how can investors prepare for it? why I sold Remitly just a few months after buying it. Christophe has added to his EO energy position. He’s gonna explain why.
He goes on Safari with a tech first insurance platform, and I’ve got my first ever Safari short. bought, puts on a quantum computing shit. Co.
[00:01:28] Krys: Uh, it’s a shit coat unless it goes up while you’re holding a a put, then it actually makes it three times a shit coat. Uh.
[00:01:38] Luke: well you chickened we’ll get, we’ll get to that at the back of the episode ’cause you chickened outta your short. And I’ve, I’ve jumped in to the void that you
[00:01:45] Krys: Right. Yeah. It’s a team effort sometimes to bring down these fraudulent quantum computer companies. Badger, you’re alive and well, which is something I worry about anytime you, you hop on a motorcycle. Where were you? Uh, and why are you still alive?
[00:02:02] Luke: Yeah, well I was nearby. I was in uh, Sardinia, saw the hole of Sardinia on the back of a more than one motorcycle. ’cause I rented a Harley Davidson and it weren’t for me. It was a bag of shit. Sorry if you’re a Harley fan near, I want my bikes with gadgets like Tesla style. And I finished a trip on a Ducati multi strata, which was much more fun and much more my speed.
But I wasn’t so far away. You’re still in Sicily? I was in Sardinia. Are they near each other?
[00:02:30] Krys: Uh, yeah. Yeah. Stone throw, stone throw. Away. Uh, more importantly, can you teach me how to ride a motorbike? Because here in, uh, Sicily, some of my Sicilian adventures, one snapshot of it, I found myself in, you know, one of those tiny little Italian cars that’s no bigger than the, than the a. Cardboard box with a cracked windshield going backwards down an extraordinarily steep hill.
Uh, and, you know, the, the sides and some of these Sicilian streets leave exactly, no more than 10 millimeters on each side to get through. So, you know, getting a, a, any kind of American sized car, it’s completely out of the question. And my uncle actually suggested why not get a motorbike? Uh, but, uh, it’s tricky business, right?
If you don’t know what you’re doing and, uh, I’m liable to kill myself or, and or my wife, right? Without proper instruction. So will you teach me?
[00:03:29] Luke: Uh, yeah, sure. I used to actually be a motorcycle instructor. I dunno if you knew
[00:03:33] Krys: I did know that, that’s why I’m asking you. I will.
[00:03:36] Luke: Yeah, sure thing. Next time I come to Austin, I’ll give you a lesson. We’ll rent some bikes.
[00:03:43] Krys: Okay. Um, so, uh, any highlights? Any highlights from from the trip?
[00:03:52] Luke: Uh, yeah, I mean, it was just superb. We saw the hold of Sardinia. It is an incredibly beautiful country. Some great roads, some great food. Our friend, uh, who was organizing the trip, we got to meet her mama and papa, and they hosted us for like a really fancy dinner. Yeah, really, really great. And I rushed back to London a day before everybody else ’cause I had to attend an a wedding of a friend.
So the wedding was super fun, but I missed like, the final night of the
[00:04:19] Krys: Yeah, right on.
[00:04:20] Luke: Yeah. are you in, um, Sicily for? You’re heading to Poland soon, right?
[00:04:24] Krys: Yeah. Uh, we were actually in a small town, Sicilian VI Village called Leon Forte, uh, for a very strange academic conference in the middle of nowhere. Uh, but, but really beautiful and kind people and lots of, you know, uh, Sicilian donkeys, uh, paths made for Sicilian donkeys.
uh, it’s just, wow, you know, the, the thing about, I mean, maybe I’m, since I’m from the states. history hits me a little harder being on the old continent, but then when you go into this tiny little enclave where you could see the Roman ruins and the, you know, the, the Greek Romans and it’s just part of the town, it’s just to me, breathtaking and, uh, real change of perspective, you know, this, uh, seeing, seeing the years, the centuries just right there.
So, uh, somehow run, uh. Motoring around on a Vespa or motorcycle kind of seems more in tune with the place than something like a protected car. You know, you could feel the wind in your ears a little better. So I’m generally asking, I’m generally considering, you know, doing a vespa slash motorcycle kind of way of going about if there’s enough ways, I suppose, to hold all the luggage and the stuff you would need to go.
And you’re an expert in that, right? It’s possible.
[00:05:48] Luke: Uh, it certainly is. Yeah. And it is definitely a much more fun way of seeing a country like you’re a runner, right? It’s a great way to see a city just running a city and like the, a great way to see a country, I feel in the same way is like on two wheels, either a bicycle or a motorbike, rather than being like in a glass box, which is your car.
[00:06:05] Krys: Yeah. One other thing to point out though, about driving here, there’s a paradox I’ve noticed in Italy, they drive like maniacs. On the highway. I mean, they’re really going fast. They’re tailgating one another and in the cities it’s like people crossing and everybody honking at each other and somehow I have not seen any accidents.
Like it’s like everybody seems to be more, I don’t know, like still paying attention versus in the US everyone’s on their gadgets and crashing into each other. So I don’t know if there’s something like somehow. Less dangerous by being on, on vehicles and driving in a more dangerous way. I, I don’t know if you could speak to that at all.
[00:06:48] Luke: I mean, certainly Americans are terrible drivers, but we saw our fair share of crashes in Sardinia, uh, not ourselves, other vehicles. So uh, I think it happens everywhere. The British are the best drivers in the world, though. That’s undoubted.
[00:07:04] Krys: Hmm. Su suspect.
[00:07:09] Luke: Anyway, it’s gonna be irrelevant ’cause none of us will be driving our cars soon anyway, because of, uh, one of the impacts of today’s headline topic, which is AI Doom.
2nd part
[00:07:20] Krys: So, uh, I was listening to the All In podcast and, uh, hearing their takes on is, you know, the doom and gloom scenario. And it occurred to me that this is one of those tremendously rare moments in humanity that just doesn’t come along very often. And fancy word for that is a paradigm shift. And I began thinking just deep down, I felt like this is the perfect moment for a little philosophizing. Because in a sense, philosophy is the queen of all sciences. Philosophy is what helps you understand the framework you’re using understand the thing that you’re actually employing as a tool, right. And from an investing standpoint, Luke, tell me if this sounds right to you. many ways, the best investors are those that go to where things are heading, not to where they’ve been. And those who kind of reframe their understanding of things ahead of time have a better shot at in the sense going to where the, that puck is going. And so one of the things that really perked my ears about the All In Guys is in that debate is that they are working from what I call a technological understanding of things, but they can’t see outside of that particular frame. That’s what’s so hard about philosophy is that a certain kind of way of being, we just take as natural. I think there’s something extra extraordinary that’s starting to happen in this moment. So let me kind of spell this out a little bit. Mini historical lesson here. This is, this is what I mean by, it’s kind of like fish swimming in weather and it’s kind of hard to, to, to understand the nature, the ground of being. So at first, so I’m drawing here on the philosopher Heiddeger. He kind of, his main question to people is what is being, and the problem is we’ve forgotten to even ask that question. Okay. Greeks thought of things in the particular way to the Greeks. It was like this idea of. is the God, um, is the ultimate source of being. And it’s all about like, like substances, if that makes any sense. It is a little abstract. So you have, um, guys like Plato coming up with this theory that there’s a perf perfect realm and uh, there’s no real cause for this. Okay? Fast forward to the Christian era. I’m sorry, the medieval era where all of a sudden everything depends on God. Okay? God, as a kind of, um, monotheistic, uh. Uh, thing creating categories of sin and salvation, but everything goes through God, right? Okay. Then you fast forward through more centuries and you get to this rationalistic period where all of a sudden with Decartes being the main guy is kind of the birth of science and the objectivity, the whole subject to object division, and all of a sudden God is less important than like figuring things out. That makes sense. So far, like three separate kind of ways of existing that are dominant. Okay.
[00:10:52] Luke: Yeah, I’m not a philosopher or historian, but Yep.
[00:10:55] Krys: But point being is like the world feels way under these three categories. Okay. Fast forward a little bit and a big, uh, thinker comes along Nietzche and he basically says, death of God is a thing now, and all of a sudden he’s saying. What that means is not a claim against God itself, but all of a sudden it’s this feeling that people are losing their sense of what gives their lives meaning that whole Science Enlightenment project is just no longer enough for people to kind of go about their day and not feel like something important has been lost. Okay? So all of a sudden what takes place of Call of Rationality is this question of, okay, uh, values from Nietzsche’s perspective, which is to say that God is no longer providing these values. It’s up to humans to do it. What’s the big problem? Science itself has nothing to say about where values come from, and this is easy to understand when we think about, okay, it’s possible to make an atomic bomb, should we make an atomic bomb? Scientists, scientists themselves, all of a sudden get quiet about these questions. They know how, but, but you know, a dolphin can’t make an atomic bomb, A dolphin, um, doesn’t have this capacity to say, uh, nah, that’s a bad analogy actually to dolphin one. Um, it’s humans basically in this case that decide ought we do something or ought we not do something, okay? All of this. So that’s the fourth era. But now all of a sudden we find ourselves, and this is Heider’s main point, since Nietzsche, in this technological era, in the technological era, everything is seen as a resource be optimized. Everything. So let’s start small. everything I mean things like nature, things like forests go from a. Call it forests and rivers go from, you know, ways of like being habitats and places to find shelter and like have, you know, do things.
In all of a sudden, forests are translated into like lumber mills. That makes sense, right? Like all of a sudden you start quantifying trees and you start machinery to chop down the trees because they’re no longer like forest as a whole and they’re resources to be optimized.
[00:13:40] Luke: And is it, is, it is like he digger specifically talking there, like critiquing the modern technological society and the fact that we’re abusing these resources and like, uh, destroying the planet. Is he saying he’s not interested in that? He’s just more observing, like this is where we are as a society.
[00:14:00] Krys: tricky. Many people misread him because it’s easy to misread him as, we just gotta go back to the old ways, right? We just have to go back to a
[00:14:09] Luke: Bye.
[00:14:10] Krys: society. That’s not what he’s saying. He’s saying in this large mode of existence, again, think Greek and medieval. We are the kinds of beings now today technologies are dominant form of seeing things, and in this form, the default setting is to optimize and produce. The, the devil in the details though is that we do this to ourselves too. it’s not just about lumber, right? It’s also that human beings become resources to be optimized and made more efficient. And this is where I think, this is why I wanted to talk about this because, you know, the best example I could offer is we have things called human resource departments in our current world. ai, this is where I think I’m heading. Um, everything is about factories. I suppose better. This is where globalization comes into play, right? Okay, where are our human resources? Cheapest and most accessible, but in those extreme cases, right? As we know, the people who make our iPhones in China, have, you know, they install a bunch of nets around the factory so people don’t kill themselves. Why would people kill themselves? if all you’re doing every day with your human life is making things, but you yourself are a product of the factory, then there is no meaning there, right? And human beings are meaning making creatures. that’s why there’s a, a bit of tragedy involved. Now, Heider’s point is not, again, to go back to some pre technological society, that’s impossible. it is to bring an awareness to what it means to exist. If you see everything as a resource Religion used to play this role, right? It gives, it used to give us meaning outside of resources, myths, stories, like that, right? But that kind of went away with the previous era. So what’s the upshot here? I have this sense when I was listening to the All in podcast guys talking about ai, that they’re still only seeing one possibility, which is resource management, to speak, that it’s just kind of an acceleration of that stuff. Just more, what, what was the term they used? The return on invested capital, right?
That some companies now have a situation where, uh, each employee is bringing in that much more revenue per employee because it’s a, a bunch of work is being outsourced to the AI machine, right? So they’re seeing it. One argument is that’s a good thing, right?
[00:17:13] Luke: yeah, I think that, I think they were making a slightly different point that if we as a, as we start to use AI optimization, we, we drive down, like we improve the margins of certain companies. Like companies say, have a billion dollars worth of infrastructure and factories and whatever they have, maybe they’ve got like another billion dollars worth of people and they can get, they can generate maybe, I don’t know, $3 billion worth of output and that’s like their margin, if that sort of very loosely makes sense.
I think the point the guys are making there was as some of as. As we start to use ai, we’ll drive efficiencies in like the hardware and in the people, um, because of these incredible capabilities and we’ll be able to generate even more with the same so our so naturally like companies return on investor capital or their margin is gonna improve.
And in a world where your margin’s improving, like you’re making more money for like the money you stick in, then you are incentivized to spend even more because you’re no longer in this like really low margin business. Suddenly you’re now in like a healthy margin business where it makes sense to like pump in a ton more capital.
[00:18:30] Krys: makes sense. And this is why this is exactly the moment I think this philosophical frame comes into play for me in a way that I can’t actually predict. I mean, I don’t think anyone can ’cause these are eras that lost last like centuries, but it feels to me where at the very start of some kind of limit showing up, like what happens when you hit a limit of efficiency or productivity. Such that human beings now no longer, it’s no longer, you can’t let go faster. You can’t do better, you can’t have even more ROIC. It’s not about that anymore. And I think somehow people, you know, this a, this question of is ai is this a doom or gloom scenario? need to start considering in some sense what happens when people are no longer seen as resources, is something we, that we have no, we have not thought about since, I guess what the 18 hundreds beginning of the industrial revolution.
And I’m saying this is a very open-ended question. By the way. I don’t have, I, I can’t possibly have a fully formed intelligent thesis about this because it’s still non-existent. But as an investor, I know I’m most profitable. When I could smell some fundamental shift and get there early. outside of companies becoming more efficient, is there a way to invest?
Is there a way of framing this current moment as something like beyond companies, uh, making more of stuff faster And the only thing I could kind of hang my head on is some return to putting humanity or human beings first, uh, as non resources.
[00:20:25] Luke: It’s a, it’s a bit of a, I, I, I agree with you, but it’s a kind of different shift, uh, as a layman. But that, trying to sort of lean into the framework and like the journey of society that you set out there. We were previously in this kind of agricultural like manufacturing era where people did kind of everything, you know, you were toiling in the fields and like, you know, chip like mining rocks and doing stuff.
And if you didn’t do stuff, nothing happened. And then we transitioned into this era we are in now where like everything gets done through a combination of people and technology and to, in some industries, like technology is dominant and people oversee and they have like a lighter role. And in some industries people are very much part of the process and technology augments them.
And so, and so we are in this phase where you are describing like people as a resource. if we go into this like. It’s not, well, I suppose in some ways it’s like post technology, technological, but it’s like maybe let’s call it like a world of super abundance, perhaps. Where? Right. Um, so suddenly we’re getting loads of stuff done and we don’t need the people like we previously, we had only the people, then we, now we’re in this like people and technology.
Then we’re moving into this world where we only need the technology. And so people are no longer a resource because they’re no longer relevant.
[00:21:57] Krys: what I’m saying. That’s exactly my point. The technology all of a sudden, let’s call it becomes fundamentally embedded. It’s no longer the point, so to speak, or we’ve outsourced the technology that’s, but for people to no longer be resources or think of themselves as resources will be such a paradigm shift of epic ethical proportions I think from an investor standpoint, if we could somehow sniff out what it would mean to invest in something where wellbeing. Of humanity is like the focus as opposed to optimization of humanity, then we would be looking in the, a particular corner that nobody else is looking. I don’t, I really can’t tell you what that could concretely look like. The only best guess is something like, and it’s actually kind of a self-fulfilling loop.
Why am I in this moment interested in philosophy and therapy? Therapy loosely, um, defined? because I’m doubling down in the moment of resources on something that can’t be outsourced, like the human heart call it like, like the, the, the existential angst that comes with feeling. You’re not needed. That’s the only place left where I feel technology, where the technological frame can’t touch us. Uh, so. I don’t know. The, the, the summary for me here is I think that a all in podcast guys, we like, I think Sack said it, you can’t predict this kind of stuff. The people that are trying to predict the end game are, you know, they’re sensationalists because we just don’t know how it’s gonna end.
There are a bunch of risks on the table. You have to take seriously the existential stuff slash the risk of China getting there first from our perspective. But that kind of stuff, I think, um, I mean we could debate till we’re blue in the face and we won’t know how it shapes up until it actually, you know, uh, until we could see it,
[00:24:12] Luke: I think, I think we can take a, I think we can take a stab at this. I’d like to take a stab at it. ’cause I’ve been thinking about this for some time. Like there are definitely pros and cons to this world we are moving into and there’s no way to reverse our trajectory. Like this is the way we are going now and if we try and put in place like regulation and slow things down, as you say, like some other country or some other, you know, unregulated company will just do it anyway.
Right. Um, and one of the serious downsides is this is probably inevitably gonna drive a much bigger chasm between the haves and the have nots. And I sort of, I somewhat optimistically see myself as being. Like a beneficiary of this stuff. And I think anybody who, like, if you’re in a, if you are in a job or you are in like a place in the world where you kind of think about stuff and you cre like a creator, like I, I took a, okay, stupid example, but like, I took a year off of work in 2020.
I planned to travel the world, have adventures. COVID kicked my plans in the ass. So I’m like, oh, I got all this time. What shall I do? And you know, I was, I, I had enough money in the bank to not have to work for that year, but I suddenly had nothing to do. So I was kind of, I had no direction. So I just invented something like, you know, I created the Telescope Investing podcast with my buddy Albert.
We did that and then that’s turned into like the main trajectory of my life. And now here we are, we’re on episode 84, 85 of Wall Street Wildlife, like two podcasts later. Um, if you have a creator mindset in a world where. Like the shackles are off and you don’t have to do stuff. You will come up with something and you will just do stuff for the intrinsic value of it.
And in a post scarcity society where we have like super abundance of energy and everything, and resources and like limitless opportunities, people who are motivated will find something useful to do. They’ll find a purpose. But I fear here, I fear for, uh, I like just sort of forgive my poor language, right?
But like the demotivated or people who don’t, aren’t like self-starters and people are in roles where maybe you just kind of show up and you do like a production line style job today. And what are you gonna do when that, that production line job doesn’t exist? And so I’m gonna apologize to two industries here, but I think they’re two interesting industries where we can go down the rabbit hole a little bit and we can start to debate what might the individuals in those jobs do today.
So apologies to taxi, taxi and truck drivers and waitress and waitresses. But I do think these are like interesting roles where I’m sure there are hundreds of thousands, millions of highly creative, motivated individuals in those kind of jobs today. But I also think there’s probably a lot of folk who just show up and they do their job and then they draw their paycheck and then they go spend it in the bar at night.
Like, is that unfair? A characterization?
[00:27:35] Krys: um, I’ll restate that as I think we already see in our current society, uh, what I call the ization of human beings. Like the entertainment industry. TikTok, I think is a apt example for the younger generation. I mean, actually look around society, we, uh, any public square, most people are izing themselves with the gadgets.
So I think you’re right, but you know, now we’re sounding like, um, I, I think we’re right to say that many people will be in trouble, like existentially. I’m calling this an existential problem because drugs exist in order to numb, right? In order to take away fear of this kind of like what you’re pointing out, uh, fear of there being no ground and nobody telling you what you ought to do with your life. This super abundance, uh, call it massive shift that’s clearly coming. We’ll put people in these cross hairs. That is why I’m trying to, and I’m doing such a poor job, articulate there must be a way to invest and invest largely, very broadly speaking in a way to almost like preemptively catch or set up this large net people who inevitably will find themselves not knowing what to do. And I don’t think it has to do with, don’t know, um, I’m, I’m trying to say the blame is not, I’m calling people’s character. It has to do more with like the societal structures that people through fate find themselves in, mostly through education models, so to speak, right? If the education model turns you into a passive, uh, industrial zombie, and you’re fine.
As long, as long as somebody tells you what to do next. Then you just go and do the next thing, right? But as an educator, I find that’s, that’s a bad place to be in as a person when you’re relying on somebody to tell you what to do next. So when the robots take all those jobs, we are gonna find ourselves in this place with a bunch of, call it, uh, perfectly capable, but directionalist zombies for lack of a better term. So what can we, as a society and literally investors invest in now seeing that this is the cliff that’s coming. I’m, I’m right now, just point blank saying one answer is philosophy itself slash education and slash art, creativity craftsmanship. And can we build products? Can we build a way of being that makes people more comfortable in this kind of like uncomfortable moment?
[00:30:42] Luke: A, a agree, right? And if you’ve, like, if, if everybody’s, if everyone has like a universal basic income and like, we’re gonna have to transition to some version of that in the future just for society to function. Um. And it, you know, you could, you can find meaning and purpose in being an educator or being educated, right?
Just learning about the world. If you know, if that intellectual stimulation is the thing that does it for you, like you said to me at the top of the podcast, Hey, teach me to ride a motorbike. Like everybody has random ass skills and you could create like a real purpose in life just in sharing those skills and those stories and you wouldn’t even have to be paid a lot of money to do that because you have like your UBI safety net in place.
I think we are talking here about if we get this right from a governance perspective, we are not talking about like sustenance and the ability to like live. We’re talking about like meaning and a sense of purpose. Feeling like you’re doing something. Um. And so, yeah, like be a teacher or just enjoy the joy of learning, right?
You could create purpose from that, but if you’re just, if that just doesn’t do it for you, and this is why I pointed at, let’s take one of my examples, and again, I’m apologizing to wait staff around the world, right? Um, but, uh, if you are, if you, you know your words, if you’re like an intellectual zombie, but you still want, you know, you’re a human being who has feelings and you need like a purpose in life.
Like if you are in those kind of roles, I think you have a certain skillset which is highly applicable in the future. And I, I’m just trying to think of one or two small examples, like. The hospitality industry isn’t gonna go away. Like in this, the example we all kind of point at like chess, right?
Computers play chess so much better than humans do. But still, there’s real joy and interest in watching humans face off against each other, across the chessboard. Um, and it’s not the same, you know, watching like a robot football team versus like a human football team or whatever kind of emotional or physical endeavor.
There’s something special in seeing like humans participate in this thing as opposed to what, you know, it doesn’t make sense for everything to get automated. And I think hospitality and care and maybe like sales type roles, like where, where the job is best done, human to human, there could be a proliferation of those kind of roles.
And if you were like a great front of house in a restaurant. Then you’re gonna be a great front of house as like a hospitality kind of role representing some business. You know, maybe the business is like this techno monster machine with like ai, but still it wants like a, you know, a squishy, fleshy, cool human being to kind of sell its services.
And so there’s a role for you there. Um, human care probably is the last thing that’s gonna get automated away. You know, maybe there’s more dignity in having like a machine kind of wipe your ass, but you still don’t want, like, you’re gonna want a human to like, hold your hand and talk to you and, um, you know, look after our elders or look after those of us who have like disabilities or infirm or even just kind of create.
I dunno, like commune kind of environments. I’m, I’m kind of shooting from the hip now in terms of what these roles will actually look like, but I think, I feel intuitively feel there’s definitely a role in the world for people who have just good people skills. And I picked on that example and waitress and waitresses because they are people who have good people skills because that’s what they do every day.
And I’ve got another example around truck drivers, which I think I can land a plane on as well. But let’s, lemme get your view on that one first
[00:34:46] Krys: Uh, my view of, uh, of truck drivers, oh.
[00:34:51] Luke: now. I mean, do you, do you sort of buy, do you buy that? Like if you are not, if education isn’t your thing and you need to be told what to do, like this is the huge mass of people who we have to worry about because there’s a subset of us, we’ll just figure it out and we’ll just go and do something and we’ll be very happy.
We’re free, like we’ve been set free by this AI revolution as opposed to being, um, like suppressed by it. But for the, the large number of people around the world who aren’t gonna feel like they’re set free, they’re gonna feel like they’ve been like replaced. What do they do now? Do you buy my argument that here’s one example of a particular industry and how that industry can redeploy and play like an important role in the future society?
[00:35:44] Krys: Everybody will need to this question. I don’t think there’s, there are very few industries, right, that are, are free from exactly this problem. You are absolutely right. I mean, we’re talking about scales that unprecedented. I mean, there will be hundreds of millions of people that need to find what to do with themselves. You know what I keep coming back to as we talk about this, you just recently visited Amazon on the actual Amazon warehouse, right? And you could see that that’s only gonna keep getting better, faster, more efficient, right? Education. Is still operating under the old model of, you know, desks and seats and the industrial model that’s obviously on its way out.
I mean, the universities are dying because of ai. I mean, it’s so obvious, right? Everybody in the education sphere is like scrambling to figure out, do we let students use ai, do we not? How could we not, I mean it’s a, it’s, it’s like a watching a dinosaur on its last legs. I kind of have this sense like, go back to our fundamental question.
How do we invest in what’s about to happen? It seems like we need to completely reinvest in like, um, create, like the Amazon factory of education somehow. And I know that sounds weird, but you remember pro for-profit schools, like pro profit colleges, they were once an investible thing, you know, like diploma mills, so to speak.
And some people I’m sure made money on it. Obviously it’s gonna be not like that, almost the opposite of that. But somehow there’s going to be people who figure out how to prioritize wellbeing and then use the technology to hit that wellbeing. That’s the MetaFrame I’m addressing here. Uh, and in a weird way, the stock safari pick that I wanted to talk about kind of hints a little bit at the reprioritization of this stuff. So, um, but it’s not yet, uh, taxi drivers and wait staff and probably many other white collar workers there are gonna be in the same exact boat. So I don’t think it’s a hierarchical thing.
[00:37:57] Luke: Oh, totally. Like this is coming for all of us. Like you, you know, we, I generated like an AI podcast a couple of weeks ago to help me understand a topic. Right. Um, but I do think people are still gonna wanna listen to humans and get a human perspective, even though you might get a much more intelligent, nuanced, uh, answer by listening to.
Like an LLM give you like a an AI podcast on the same topic.
[00:38:22] Krys: know if I’ve told you, I mean you’ve sat in on, on one of my classes, but I’ve been thinking like this for years now. Thinking and teaching like this for years now. I don’t use grades in my classrooms, which to most of my students is shocking because they’re only motivated by the kind of think about it.
Like, what do I have to do to get the A? once I take that away from them, they’re left scrambling thinking, what do I actually have to do? not being, you know, if I’m not jumping through hoops, I actually have to learn. Learn to do what? Well learn to, you know, think about the topics that I teach, but fundamentally it’s also learn how to just do something for the
[00:39:04] Luke: I.
[00:39:05] Krys: of doing that thing like a craftsman would do, right?
A mo motorbike. Or have a deep relationship with somebody, not in order to extricate their value or treat them as a, you know, means to an end, but for the sake of just doing that thing. So it’s very weird. I know we’re talking very high level stuff, but at some point efficiency and productivity just won’t be the name of the game again. And that kind of existentially makes it seem like, well, it will investing still be a thing. It is a kind of weird question to do since investing up to now has been measured by productivity and all these weird, you know. Kps that you can measure and maximize and do all that. Well, I don’t know how long away we are from, from most companies being, know, run by three employees with all the robots doing everything else.
And, you know, side note, one of the main points of disagreement on the All In podcast was, I think it was Sax and Friedberg, or no, Jason was talking about like, well, what happens to managers? Are managers themselves being, uh, kicked out? And I think one of the guys was saying, no, managers are fine. And the other one was saying, no, actually companies are already getting rid of their Slack channels and or, or doing whatever.
So fast forward five years from now, uh, you know, how many employees are there per company, even successful ones, right? have all this capital that’s being so freed up, which I think Freedberg was saying, well, that creates deflationary measures because all of a sudden things get a lot cheaper because you don’t have to pay so many people. then again, our world, what do you invest in? How do you even start thinking about, about things when all these metrics are kind of like, I don’t even know how to know how to say this. The metrics themselves get skewed because, uh, I don’t know, revenue per employee is so high, but all of a sudden you have, everybody is, uh, no jobs are no longer available. I don’t know, I don’t know how to frame it. Right. The UBI stuff comes in here very quickly.
[00:41:32] Luke: I think it’s positive for investors, right? Um, like what is investing really, it’s taking capital from one place and giving it to another place, which hopefully generates more capital. And then, you know, it kind of flows back into the system. In a world where the average company has two or three employees, not two or 300 employees, there will be hu like hundreds of times, like the number of companies, there’ll be, you know, every little niche, right?
You know, people can create like a fantastic healthy business in some tiny little niche manufacturing, some, you know, very bespoke jewelry or a very bespoke kind of podcast, whatever it might be. And there’ll just be this proliferation of highly targeted businesses. Which are doing like valuable things, generating economic value.
Um, and there’ll still be a need, they’ll still need capital, right? There’ll still be a need for investors to fund capital to the best of those companies. You know, they’ll still be like the AI haves and have nots. You’ll have like the Giants, like the Metas and the Googles are, and the Amazons are just gonna get bigger and bigger and more dominant.
But underneath them will have thousands of times the number of little companies using their services to deliver something that has value in society.
[00:42:54] Krys: talking I was, I was briefly letting myself enter a kind of utopian space where it’s obvious universal income is a foundation. Most people therefore spend the majority of their hours not as laborers, not as resources to be maximized, not within HR departments, not as managers, but basically capital allocators. That actually weirdly, uh, sounds, I know it’s sounds utopian in, in like Marx would probably roll over in his grave to think that there’s an alternate way of existing that’s outside of people being alienated from their jobs. But if in fact the alienation goes, put onto the robots, they, because they can’t feel, they’re not feeling the alienation. So then therefore the rest of us what become investors by default, like the, one of the things we have to do. As a job, quote unquote, is to figure out which next cool little project we should invest in because we can’t do the job ourselves or, and or become artists. So that’s actually, if I may summarize briefly, maybe that’s what we, what we just talked ourselves into a world in which most people become craftsmen slash artisans of a particular, uh, skill.
They become relationally, they have to become relationally intelligent, and they have to become much better investors because they have all this time in the world and capital and capital still makes the world run. So you still kind of get, could still become more or less well off, relatively speaking, and then the abundant society by becoming more sensitive to the kinds of companies that are being created by wisely.
I suppose that’s a weird world.
[00:44:53] Luke: Yeah, that’s a good optimistic view. I think like there is still a pessimistic outcome, which may not even be. Like mass unemployment, maybe leaning on your zombie comment, like maybe the worst possible outcome is just mass unengagement. People just lose interest. They feel no sense of purpose. And then, you know, they just, they get their UBI, they buy their, their like food basics and they spend their life like glued to TikTok or whatever, future iteration of highly targeted, personalized social media like is attached.
[00:45:28] Krys: think you know this, uh, but, and I know, I know your stance on reading, but I don’t, I don’t know if I’ve told you explicitly, Luke, my dissertation on this very problem in many ways. The author that I wrote about David Foster Wallace. In 1995 and 96, his, his masterpiece, the is called Infinite.
Just it’s, it’s a sort of sci-fi novel that imagines what society is like when everybody is entertained to death. In there is like a plot point, is that there’s this something called the entertainment. He literally called it the entertainment, which is a copy of a tape that once you put it on, it’s so addictive that you will actually do nothing else but watch it and die. So terrorists get their hands on this thing, right? But that was in 1995. That was at the very beginning of that was when the internet was just starting to kind of percolate. So he as a writer saw this and saw that this is a form of drugs because the other half of the book takes place in halfway houses dealing with addicts who can’t stop doing the thing.
So it’s the one and same thing point, right? You’re absolutely right that in the age of TikTok, um, this is the problem we’ll have to figure out. As a society. Now, I’m only trying to add to this. A slightly positive spin that the way we solve this problem is in many ways philosophically, by asking the question, what does it mean to exist and beyond the technological way of existing?
Is this AI showing us a new thing is starting to be born? We just don’t know, you know, how it’s gonna un unfold.
[00:47:15] Luke: It is a, it’s a definite danger. I think I sent you a, a post on X from Andre Carpathy. So if you don’t know like who the name is, he was previously director of AI at Tesla and also one of the founders of Open ai, but left under a bit of a kind of cloud, I think he didn’t quite see eye to eye with, um, with the rest of the company.
But, uh, he posted the other day about VO three, which is Google Alphabet’s new video generation model, which is incredible. Like go, go check out some of the examples and. Like incredible quality video now with audio and it’s really engaging. And so like the tools available to creators are now so fantastic.
Like this is a great opportunity because it’s a video is a fantastic way of learning. This is the point that Carpathia is trying to make, like watching a highly targeted video specifically built for you in real time to teach you a specific thing you’re trying to do. That’s a great way of ingesting information.
But at the same time, you know, the way the internet and commerce works is it’s like monetizing your attention. And the example he gave was like. If you have a video that’s specifically made to engage you personally and maybe you’re like measuring, I know like pupil risk, dilation and heart rate and stuff, like you’ve got like a direct ’cause you can probably do that for the camera quite effectively.
You’ve got a direct way of seeing how to optimize the video in the perfect way to capture like me, which will be, and the video you get will be different ’cause that’ll be optimized to capture your attention. I guess that is the entertainment, that’s like the thing that we cannot turn off because it’s been so precisely optimized by this super intelligence to kind of capture us.
[00:49:11] Krys: it was, uh, it was, he said himself that he already saw the danger in TikTok like years ago, right? I mean, for this very. Reason in that this stuff is like TikTok on steroids, that it might be like an existential threat of the kind as a nuclear bomb for us if we really can’t figure out an alternate way of understanding the world and what existence is. Um, it’s wild. So yeah, we’ve pontificated quite a bit, but I think that’s a necessary detour, uh, to take because I don’t know, um, when there’s this natural endpoint of efficiency, uh, opportunity also shows up. So, um, I just want our listeners to be, you know, uh, at least have this feeling that there are multiple worlds waiting to be born and it’s gonna look very different from the one we’re currently exiting.
[00:50:10] Luke: Cool. Very good. All right. It’s not all dim gloom. It’s not all dim gloom. I think there are definitely good outcomes here,
[00:50:17] Krys: uh.
[00:50:17] Luke: but
[00:50:18] Krys: A good
[00:50:19] Luke: what
[00:50:19] Krys: with a stock. I recently researched. Can I tell you about it? Okay.
[00:50:25] Luke: do that.
[00:50:25] Krys: of our, one of our Patreon members, uh, said, take a look at Oscar Health Stock, ticker, OSCR. This is a tech first insurance platform. It was co-founded by a tech guy, Mario Kosler, I think, who doesn’t himself like insurance. So he founded this tech platform. Uh. Well backtrack. Why doesn’t he like insurance? Because he feels like everyone’s, they’re all trying to root against you and get your money, right? Hard to use, hard to understand. They only show up really when they want to collect money from you, right? So Oscar’s trying to change that, flip it around.
Their mission is to make a healthier life accessible and affordable for all. They’re like the GPS for your healthcare journey, helping you find the right doctor, giving you free virtual care and making the whole thing actually work. Why? Because if you’re healthier, they have to pay less as an insurance company. So you if, if you’re healthier and you’re making fewer claims, they pay less, their costs drop. They then reduce premiums, they increase their membership, and then it’s a virtual cycle. Okay? So they’re not just selling insurance, they’re kind of selling. Uh, integrated healthcare platform by tech and ai and all the things we were talking about. If they can pull this off, it’s a game changer. Now, let me pull back the current on my research for my journey on this. As soon as I started looking into this, I was cursing our Patreon’s name because immediately I’m all of a sudden in this world of acronyms and insurance, uh, you know how much I love stupid jargon, acronyms, but, you know, insurance in the healthcare world. And I do not trust any of it. Uh, nor am I an expert in this field, and I’m like, there’s no way I’m gonna recommend this thing because I’m outta my depth and I’m, I’m outta my con comfort zone. But something shifted kind of halfway through my research. I would say. What shifted is that, um. I generally think this is like good guy kind of company. know what I mean by that? When I say that, like there’s some investment cases where you, you kind of feel like this is headed by. And for people to legitimately solve a problem that most people have, I guess that’s most businesses, but that they’re, there’s, there is this sense, like in healthcare industry slash pharmaceutical company like that, the rich get richer and everybody kind of gets screwed because the profit takes precedence over everything.
It legitimately feels to me like these guys are saying, okay, healthcare insurance is one of these unfair environments people kind of have to do the best they can, given a whole bunch of problems, but there’s only so many options. And if we kind of change that? You know, what if we change that?
So this is where, where the turning point for me was in this investment, uh, um. What’s it called? Uh, um, what, what’s the word I’m trying? The, the deep dive, the semi deep dive I went on, they call it total cost of care strategy, where this is what it looks like. You get an app, you, on this app, you kind of get assigned a virtual healthcare, healthcare, call it nurse slash concierge, right? They tell you, okay, you, you communicate to them your problem and you have a bunch of different options. And they say, oh, within your network we think the best doctor with the best ratings for your issue is so and so. So they’re kind of like guiding you through. It’s not like you are lost in, um, another world of infinite possibilities and, and with some insurance claim number at the very end of it, it’s like a humane thing.
This is what we were talking about earlier, right? Now the proof is in the pudding. These guys have went, went from 40 million members back in, uh, I’m sorry, not 40 million. 40,000 members. ’cause they’re starting from scratch. These guys built this platform from scratch from, uh, 40,000 to 2 million members currently. Now the United States has million people, but not all
[00:55:12] Luke: Hmm.
[00:55:13] Krys: are insurance eligible. But anyway, um, I’m sorry, they have 2 million. Did I say 2 million members? They went from 40,000 to 2 million.
[00:55:21] Luke: Yeah,
[00:55:22] Krys: Okay. That’s, that’s not nothing. So their finances have grown considerably since then. They are now net profitable. they’re doing something quite right at this moment. They’re financially strong. That’s a whole nother subsection. We now know these guys, by virtue of having 2 million members with a high net promo with their score, are doing something better than, uh, than the kind of, uh, what’s it called? Instantiated, healthcare, uh, health insurance providers. We already know that their finances are really, really strong.
3 billion in cash, 80% revenue growth, five year, uh, CAGR, and recently netting composite, as I said. So to me, all of a sudden, I’m actually excited about this investment. I’m like, wait a second. You’re telling me these guys actually want to make you healthier? Because it’s better for their business model. So they actually not just want to make you healthier, but they’re gonna work with you to make you as healthy as you can by actually holding your hand through all of the, you know, intricate healthcare process.
Cool. That feels really, really good to me. And they’re growing like, like, you know, like Banshees and they’re financially strong. Like, yeah. I’ll deal with the jargon and I’ll deal with whatever. And these guys are, you know, tech savvy, tech bros, you know, built this from scratch. all in. Right. But there’s a big but here. How are they doing all this? Well, they are actually in a very, uh, I don’t know if it’s a tiny sliver, but they could only offer these surfaces to two groups of people essentially. Anybody under the Affordable Care that Care Act. So basically Obamacare because the government subsidizes people to get their own insurance.
That’s to whom it’s available. this product is also available to what’s known as I-C-H-R-A, people under the individual coverage health reimbursement arrangement, which is basically the thing that small and medium sized businesses can offer to individuals to basically choose their own healthcare product. Make sense?
[00:57:59] Luke: Yep. Sounds good. And it also sounds good, like in a world where like the CEO of like medical insurance companies are getting murdered on the streets like that is how, uh, disappointed should we say that customers are with their healthcare insurers. Sounds like these guys are the good guys.
[00:58:17] Krys: All of which is to say right now the tam for people who either can just pick their own insurance under Obamacare or their own small or medium sized business basically pays them to pick their own healthcare because it’s cheaper to do it that way. That is 96 million people. So currently they have 2 million members. Their whole pie is 96 million. So in theory, Luke, this company has ways to go and they’re doing something people already like. So I love it. I love it. However, there’s a major, uh, I don’t know if it’s an existential risk exactly, but in this current moment, there is the risk that the government repeals the subsidies provided by the government to all the people available to basically pick their own insurance. If that happens, this stock and this company has a severe crisis on its hands because they’re so strongly, because they have a strong cash balance and there’s a bunch of like future potentialities. Uh, I won’t even get into all of that. It’s not like the stock would go to zero like a biotech, you know, that gets a rejection from the FDA. But in this particular moment under the Trump administration, knowing that they’re gunning for some sort of a CA reform, I kind of think that this is sort of a of an investment than a gamble on whether or not the United States government will keep things as they are or actually like root out a bunch of the, the money that is making this kind of thing possible. If. The gov US government basically keeps things status quo or actually supports further subsidies. Then this is one of the more exciting investment, um, new investments that I’ve kind of, uh, had crossed my windshield, uh, stock screen process in the low while. Uh, but I cannot
[01:00:32] Luke: All right,
[01:00:33] Krys: in it.
[01:00:33] Luke: so your way outside your usual wheel wheelhouse. Like you normally get excited by companies like putting stuff into orbit or companies building like incredible batteries. Like you’re a technology guy, and here you are supporting some boring old insurer, but
[01:00:49] Krys: but, so maybe to tie the knot of what we were talking about this whole episode, it’s because it seems like they’re putting, I. Humanities wellbeing first. And then they’re saying, okay, how do we beat these health insurance companies at their own game? We’re just gonna do it by making a better technological platform that has a human at the center rather than, you know, the labyrinth halls of the healthcare, uh, industry. Strong financials, strong platform, strong ratings. People love this thing. Existential risk in terms of, uh, the government subsidies. And so, the best I could say for listeners is you might wanna take out if this kind of thing, uh, excites you at most, a 1% position. Treat it like a lottery and see what happens with the government.
Government’s take on healthcare subsidies.
[01:01:54] Luke: All right, very good. Thanks for walking us through that fun safari stock. Uh, I have a safari short this week. I’m jumping into the void. You left. Uh, ’cause you like way back, I think it was episode 61, so like a five or six months ago, we both looked at a quantum computing company. Each you looked at QUBT, which I think is Quantum Computing Inc.
Which is like the beverage company turned quantum computer company like. I buy it total bs I looked at TI who were, or ti who were a bit more legit, but you’ve thrown in the towel when your QUBT short. I’ve picked up the baton and I now own a bunch of puts on tti, and I’m not gonna go into detail as to why.
I just think this whole sector is hot air and fluff. These guys do have a bit of technology. They are trying, they, they’re not just like a beverage company with a couple of like scientists on board. They are building quantum computings using like superconducting star technology and their goal is to build like big quantum systems and sell through the cloud, like provide like quantum capacity.
So the, even the business model kind of makes sense, but I think the thing that makes me. Like face into how much of a bubble this sector is right now is interesting conversation we had on the seven investing discord just a few days ago. It kind of helped catalyze it. Someone highlighted, oh, this is like 3D printing, like back in the, whenever it was.
And you and I, I think we both lost our shirts on 3D printing. This is way worse than 3D printing ever was. Because the challenge is like, it’s like the hype curve, the Gartner hype curve, right? You know, investors get excited about a new technology and it gets like pumped to the moon and then you pass down into like the trough of disillusionment and you realize actually it’s gonna be a long journey before we can really monetize this stuff.
And then slowly you climb the plateau of productivity, which is where you really start to generate actually economic value. Like 3D printing went through that whole cycle. But way back in. The mid two thousands, the challenges like 3D printing was real. We had the technology, it was an engineering problem and a product market fit problem.
Quantum computing is both of those things, but it’s also a fricking almost, you know, we don’t know the way forward like significant inventions are needed. It’s a major scientific problem and you have these like trillion dollar, multi-trillion dollar companies like Alphabet pursuing this and they haven’t figured it out yet.
Re Getty, QUBT, all the other quantum shit cos they are not gonna solve this problem. I mean, just look at the trajectory of the market cap. This is just typical of all of these companies over the last six to nine months. They all came out of nowhere from being like a hundred million dollar companies or thereabouts to like at its peak, ti was nearly a $6 billion company.
It’s currently about a three and a half billion dollar valuation. They have no revenue at all. Right? It’s de minimis a couple of million dollars. I think your one even had like tens of thousands of dollars of revenue. It’s like a joke. Yeah. Yeah. But that, that’s, that’s cool, right? That’s cool beans. If it’s like a company at super early stage pre-product that makes sense.
These guys are definitely pre-product, but this is like a 10 plus year journey before they could possibly have a product. Like there were just too many hurdles to cross. Um, and. They’re on a burn. Like they’ve, so we can see on this chart from fin Chat, which we love fin chat.io. Fantastic platform. If you wanna get a nice discount, fin chat.io/wildlife for uh, our promotional pricing.
Um, like you can see they’ve got $200 million in the bank. Like where do you think they’re getting that money? They’re getting it ’cause they’re diluting the wazoo out of shareholders and as they continue to burn money, they’re gonna keep diluting shareholders. This bubble is gonna pop. So I now own seven contracts I think of January 20, 27 puts and I need the stock price to.
Dump materially, like it’s currently three and a half billion dollar valuation. It needs to get to sub $1 billion for my bet to make sense. but anyway, this is like an entertainment position for me. I bought just like a fun amount of stock ’cause I want to carry the banner on this podcast ’cause you fell by the wayside.
I’m gonna pick up the, uh, the flag and continue to chant, uh, on the social medias that this stuff is going to zero.
[01:07:06] Krys: you picked up the courage where, where I ran scared and I’m glad you used the, uh, January 20 sevenths because this is what I learned from my journey. I kind of pretty much timed it nearly as well as you could time it, but because the premiums were so high the puts, I made out with I think, cumulatively, what was it, $55 loss on the trade because I needed my shares to actually drop to like a dollar level.
But they at the four and then went back up. Here’s the caveat, here’s why this is, it’s clear that this is what you are saying is true. Well, not clear. I’d say highly, highly, highly probable as being true. in some sectors of a market like this that are, is like the crypto version of investing. There’s people in, in, in propping up the stock price I would call artificially they’ve taken their own bets and positions based on momentum and stuff. because it’s so disjointed from the fundamentals, you could wait potentially a long time for, call it the truth to win out. So my own puts, I think I took like a six month month window or something like that, or four month window.
And that’s just not enough time. And I hope you know yours, pay off before, you know, 2027.
[01:08:35] Luke: I, I love that. It’s like usually around my birthday time when most of like, like these long dated options expire. Uh, so like I get like a birthday gift, either a kick in the ass or like a little extra present. So that’ll be in like a year and a half time. Unfortunately, my birthday gift for January, 2026 is like losing a ton of cash on Coherent Biosciences, which you definitely told me.
[01:08:58] Krys: over
[01:08:59] Luke: not send.
[01:08:59] Krys: That’s not over yet. You know, though, another reason why the puts are smart, it’s just, uh, more insurance for, uh, a nasty stock downturn. I mean, it’s,
[01:09:09] Luke: Right.
[01:09:09] Krys: seriously, it’s no, in some ways like buying a little bit of insurance in this case, know, a, a, a quack of a investing idea, but maybe,
[01:09:20] Luke: Yeah. Like if the market goes down, it’s like the dumb stuff is gonna go down much more than the really robust stuff.
[01:09:27] Krys: what I’m saying. you’re thinking like an intelligent investor who thinks about fundamentals. This stuff is so, so divorced from that, that it might not be the case. But usually, usually, right, if there’s a nasty downturn, most things get sold. So you’ll get paid regardless of what, whether it’s quality or not, or nonsense.
[01:09:49] Luke: all right. How are we doing for time, Christophe? Because I sold something and you bought something. Do we wanna pick that up or should we save those for a future episode?
[01:09:56] Krys: I think, uh, I think we’ve talked quite a bit.
[01:09:59] Luke: uh, we have indeed. Uh, well, if you want to hear why I sold Remitly and why Christophe bought eos check back with us in two weeks time as next week, we got a pretty exciting high profile guest from the world of US Finance joining us on the podcast.
[01:10:15] Krys: know about these moves today, head over to our patreon.com/wall Street Wildlife and our trade channel has all the goods. And, uh, thinking behind why we did the thing that we did.
[01:10:30] Luke: Exactly, exactly. If you liked the, uh, stock investing tool that we both, we looked at for both of our stocks, that was Fin Chat. Go check out fin chat.io/wildlife for a excellent discount of an annual plan
[01:10:44] Krys: am I supposed to say is this, is, this is, is this where
[01:10:48] Luke: If you like,
[01:10:50] Krys: uh, are you ready to become a beast of an investor? I.
[01:10:55] Luke: your journey starts here.
