$AIG Tape Reports
Per Ticker.id: $AIG Tape Reports — 4 podcast mentions across 3 podcasts (30 days), latest 2026-08-18 15:00 UTC.
Yeah. But, you know, what I would say is that I think people should listen to that and they need to be balanced. You know, he might be a little bit more of a skeptic than we are, but he made— there's some very valid points. I mean, you look at AI and you say, what are the returns going to be? And when you're putting trillions and trillions of dollars into, you know, capital spend, it's a good question to ask. Are you going to make hundreds and hundreds of billions of dollars of profit so that if you want to make, just for example, a 15% return on equity, you've got to make a lot of money. And so I think, you know, asking about the returns, asking about the pricing of the tokens, what will be the long-term pricing? Do we know? Will it be commodified? What is the Chinese competition coming into this? And so the commodification of the pricing in those industries that you've talked about, again, the depreciation. And the obsolescence of some of these data centers. These are big, big issues. And so if you're going to put premium, premium valuations on these companies as if there's not going to be that many challenges going forward, I think you're running a lot of risk. So that makes us very cautious. There's just so many factors that we think are impossible to value. Now, you listen to people and they'll say, well, look at the experts that are allocating this capital. These people are smart people. Well, we had smart people during the global financial crisis, we saw Citibank got eviscerated, Royal Bank of Scotland disappeared, AIG got killed. And so, all that, in the internet day, half the businesses went broke. So, again, and they were smart people. Jack Welch used to be, they thought he walked on water and GE's hardly even a business anymore. So, you got to be careful. And so, I've been around long enough to realize that when you're throwing trillion, I mean, in this case, trillions is the first time we've had trillions of dollars going into projects. And there's so many uncertainties, it makes us careful. It doesn't mean we're skeptical, but I think we want to be very careful and cautious that it is, you know, it is jacking up earnings very quickly.
Jonathan Wellum — Thoughtful Money with Adam Taggart · With Trust Breaking The World Over, Quality Collateral Is Now Key | Jonathan Wellum · 2026-08-18Well, first of all, when I was putting together the Awesome Portfolio, I really wanted that to be commodities. I thought you should have a 20% allocation to commodities, like a whole basket. So like the GSCI or the Dow Jones AIG or the BCOM or something like that, some commodity index. But the problem with that is commodities are negative carry, right? Gold is also negative carry, but not that much. It's, it's pretty cheap to store gold. But some of these other commodities have, you know, there's cost of storage and there's a lot of negative carry. So if you invest in a commodities index, it's, it's not gonna perform well, right? So I like to use gold as a proxy for all commodities. Right? And just say, look, that's your commodity exposure. And the nice thing about gold is it has no correlation with anything. It's not correlated to the S&P, it's not correlated to bonds. It's literally the most uncorrelated asset in the world, which makes it perfect to add to a portfolio. I don't know if you've ever heard my spiel on this, the Dennis Rodman spiel. Have I ever told you about this?
Jared Dillian — Mining Stock Daily · The New Rules of Capital: Gold, Bonds & America’s Mining Bet · 2026-08-14