$GM podcast mentions
Yeah, I think honestly, I mean, people like, it's kind of become this like, oh, I know finance thing to say, to be like, oh, the long end matters so much, like the short end doesn't even matter. But that, yes, true for the homeowner, like mortgage rates are obviously all the long end, uh, even though their actual duration is, is a lot lower than the maturity. But like, yeah, business finance is almost all entirely short end. Like you go to a bank, you're borrowing at the, you're borrowing at the short end. Commercial real estate is like, I don't know, 5 years Private credit can be a 5 to 7-year maturity, but all floating rate. So it's— so much is impacted by, you know, what we just saw, the Federal Reserve interest rates. And, uh, John Cockle says GM.
Jack Farley · Monetary Matters with Jack Farley · Hawks Take Flight | Joseph Wang on Fed’s Hawkish Hike and Warsh’s Gameplan · 2026-09-16Well, it's good morning. GM is good morning.
Max Weethy · Monetary Matters with Jack Farley · Hawks Take Flight | Joseph Wang on Fed’s Hawkish Hike and Warsh’s Gameplan · 2026-09-16I don't think this is political third rail at all. I think there's actually a lot more consensus and a lot more willingness on both sides the potential to do this. I think there always has been. What has changed, if anything has changed, is the appetite of companies. And some of that is kind of the new ways we're designing these. But look, you go back to 1970s, early 1970s, maybe it was late '60s, the government I think took a stake in Lockheed or provided funding to Lockheed. You go through Conrail, you go through kind of the 2008 GM bankruptcies. This has always been something that the government only did in times of distress, and it mostly because that was the only time the companies wanted to play ball. It wasn't the government's, if that was kind of tepid about it. Yes, we have this new dynamic with national securities and SKUs, and we have more openness from the government to be more creative with equity and preferred and all of this. I think it continues.
Matt Frankel · Motley Fool Hidden Gems Investing · When the Government Becomes Your Co-investor · 2026-09-15He becomes the CEO of Chrysler to guide that great American car company through the financial crisis and continue its path as an independent American automaker, succeeding and coming through it much like Ford did as an independent company and GM did as an independent company. Oh, wait.
Ben Gilbert · Acquired · Home Depot · 2026-09-14Today, my guest is Anish Acharya. Anish is general partner at A16z, where he focuses on consumer investing He is one of the most insightful, thought-provoking, mind-expanding, in-the-weeds product investors I've met. He's been at a16z for over 7 years now, and unlike a lot of VCs, and why I loved having Ganesh on the podcast, is that he is a longtime product builder and founder. He founded a company called SocialDeck, which he sold to Google and then ended up leading a number of efforts within Google. Then he started a new company called Snowball, which he then again sold, this time to Credit Karma. Where he moved to VP of product and then GM of the broader consumer product and the entire credit card business. This conversation will get your mind buzzing. Anish, thank you so much for being here and welcome to the podcast.
Lenny Rachitsky · The a16z Show · Why Companies Are Becoming a Series of Loops | Anish Acharya on Lenny’s Podcast · 2026-09-12Yeah. Yeah. Well, I think the broad concept and, you know, it's, I, the, the loops concept kind of gets teased a little on X cuz at sometimes it feels like maybe we're big braining it. I know there was a, a big meme around graphs, like the next stage of loops is graphs. Um, but let me make the kind of steelman for it, which is You know, we had prompts and then we invented agents. Agents, of course, are just models in a loop with tools and memory and skill files. And then we had sort of loops, which are, you know, sets of agents that are doing tasks. If you look at a lot of work in coding, coding's such a great domain because you have the best models and you have the most sort of technically apt customer, plus you have these established loops like bug fix or sort of bug report comes in. repro gets generated, bug fix gets created, bug fix gets reviewed. If high risk, then humans should confirm that it's okay to ship to prod. And if low risk, it just gets shipped. And maybe you even email the customer and say, hey, we fixed the bug you reported. That happens in 5 minutes. There are many loops like that in engineering, everything from, you know, bug fixes to customer feedback to sales demos, um, to new feature development. Um, so coding sets us up well itself up well. So you have a coding loop and the kind of change it makes is to the codebase. My question is, what are the business loops, right? So if you're the GM of a business, you're looking across many job functions and you've got loops running in coding and marketing and sales and support and legal. The output of all of those loops is something that is itself a loop that you should be able to optimize for. And I think the strong form of this is that it sends a message to the CEO saying, hey, we need to actually make a change to one of the physical aspects of the business or to our business model or to our strategy.
Anish Acharya · The a16z Show · Why Companies Are Becoming a Series of Loops | Anish Acharya on Lenny’s Podcast · 2026-09-12What we really need right now is maybe not magical infinite intelligence, but we want intelligence we can trust that does not hallucinate. Now, I will be the first to admit I am no expert, but this story expresses a theme I've noticed about people in the tech world. They grew up reading a lot of science fiction and they take it very seriously. In the SpaceX prospectus, if you recall, it says that one of the goals of the company is to mine asteroids. Now we have a tech researcher predicting Terminator. I've read a ton of science fiction and some of it actually does have incredible predictive power. For example, the major premise of Isaac Asimov's Foundation trilogy is that it is impossible to predict the actions of one human being, but mathematics can predict the future actions of many people. He wrote the first foundation book in 1951. Incredible. This concept is the entire premise of all current loan underwriting. Making a loan to one person is dangerous. Making loans to many people is much more predictable. So science fiction is great. But it sometimes leads to people predicting the end of the world. I want to emphasize this is not Stuart Fails to Save the Universe, the new show on HBO, which is all about multiple dystopias. Life goes on. Last week, Tesla hosted a Robotaxi event. Not much new emerged, and the stock was down 6% on the day of the announcement. When it comes to the Robotaxi business, Elon Musk has a history of overpromising and underdelivering. He seems to have done so again. The future of this company depends on the success of the Robotaxi. How do I know this? Well, the consensus estimate for Tesla for 2026 is $1.66. So the 2026 PE is 220 times. Auto stocks, by contrast, have very low multiples. GM's 2026 PE is 6.5 times. The only explanation for Tesla's crazy multiple is that some investors believe that Tesla's Robotaxi business will conquer the world. Now, I have no skin in this game. Just count me a skeptic. A quick side note on Tesla. Earnings reached a peak in 2022 with EPS at $4.07, and EPS has gone straight down ever since. With the 2026 consensus estimate at $1.66, the 2026 EPS estimate is 59% lower than the peak.
Steve Eisman · The Real Eisman Playbook · AI Terminator Fears Grow & Rates Breach 4.9% | The Weekly Wrap · 2026-09-11Yep, globally. GM is probably doing okay.
Filippo · THIS CAR POD! with Doug DeMuro & Friends! · New Ford Bronco Leaked? $5,000 Maserati? New Audi A2! Grand Tour Thoughts! · 2026-09-11I mean, the thing that automakers learned many years ago that the Chinese are trying to do now, that I'm sure they know and are trying to do now, is that like you cannot pin your success on one market. This is why Chrysler has never been as successful as Ford and General Motors because like their whole thing is North America, whereas Ford and GM were smart enough to diversify globally. But it's not just them. Like the reason the French keep knocking on the door of the US market is because they don't wanna pin all of their hopes nor dreams to Europe.
Doug · THIS CAR POD! with Doug DeMuro & Friends! · New Ford Bronco Leaked? $5,000 Maserati? New Audi A2! Grand Tour Thoughts! · 2026-09-11Yeah, one of the worst of your products. Uh, I think that Mercury or Yeah, I think so too. Also because they would have a lot of badge engineers, GM World cars globally, but here it was their own stuff.
Nick · THIS CAR POD! with Doug DeMuro & Friends! · New Ford Bronco Leaked? $5,000 Maserati? New Audi A2! Grand Tour Thoughts! · 2026-09-11Absolutely. Yeah. I think in terms of what people in these communities with these data centers feel when they see the projects come in with their gigantic, like $2 billion of investment, like these gigantic numbers that are being dangled, it feels like a bubble to them. One, they're seeing news articles saying maybe AI's a bubble. We don't know it's a bubble, but it could be. Two, you do have exper— experiences like Foxconn where you have a big tech company show up in a very small community, in this case Mount Pleasant, Wisconsin, a city of like 28,000 people. It's not very big. Get, you know, hundreds of millions of dollars in infrastructure investment and tax subsidy from the, from the town, promise 13,000 high-paying manufacturing jobs, and then pull out because the contract wasn't set up correctly. They decided they didn't actually want to build a bunch of flat-screen TVs in Wisconsin. And the, you know, the town is left on the hook having invested all of this money in the grid and in roads. They got, I think, 1,000 jobs in the end. Foxconn still paying back all of this debt that has been accumulated. And so experiences like that have really, really soured people on the question of when an outside big tech company comes in and, you know, promises these gigantic numbers and all of these jobs and all of this tax revenue. And it's for this technology that like you can't, a lot of people, they don't see, they don't feel, they don't find personally extremely, extremely useful. Not at the levels of these valuations. They have a lot of questions about if the bubble pops, are we gonna be the ones left with a stranded asset in our community? I mean, in Janesville, Wisconsin, Um, it was famously the site of this 100-year-old GM plant, um, that was the centerpiece of the community that employed a ton of people. When they left during the financial crash in 2008 and the plant closed down, not only did it sort of devastate the community from a work perspective, um, but they also left $30 million of contamination and hazardous waste in the middle of the city that has never been cleaned up. There's forever chemicals in there.
Jasmine Sun · Hard Fork · The Ezra Klein Show: The A.I. Revolt Is Here · 2026-09-11This is why developers have not been able to sell this brownfield is because there's so much waste. That GM never cleaned up. And so I think that people worry about what happens if the AI bubble pops, if maybe it doesn't pop and the data center developers just decide, never mind, we wanna build elsewhere. Never mind, this data center isn't good enough. We have newer, better technology. And who's gonna be left holding the bag? That was the question I heard over and over again.
Jasmine Sun · Hard Fork · The Ezra Klein Show: The A.I. Revolt Is Here · 2026-09-11This, I think, was one of my big motivating questions going into this trip is, is it quote unquote normal NIMBYism? Is it about AI? Is it about something else? And so I spent time both looking at polls and trying to talk to people about, would you be excited if this was a chip factory, which would use a lot more water and pollute a lot more? Would you be excited if it was a solar farm? Also maybe acquiring agricultural land and turning it into industrial use? Would you be excited if it was a million other things? And I talked to Nick Bagley, who you've had on your show, about is this just proceduralism? And we talked about the solar farms example where solar farms, the opposition used very similar tactics to the data center opposition. They were organizing in Facebook groups, they were packing town halls, they were talking about the local impacts and the importance of farmland and the visions for their communities. There were zoning fights, of course, but like you say, With the solar farms, you do have a very clear pro case. You have a faction, you have a group of people, a constituency, people who care about the environment, who want renewable energy, who understand that that's a thing that, yeah, maybe it sucks to have in your backyard, but you can take one for the team because this is important for our planet. Um, you don't really have a pro faction with AI. Same with like the auto plant, right? You have one, you have maybe 7,000 workers in the old GM plant in Janesville who all have families who really care about them, who see that as a constituency. Everyone drives a car. They see their car as essential. I think the fact that it's creating these tangible outputs really, really matter. Um, I don't think that data centers have a compelling pro-constituency besides the utility companies and the AI companies, which are already incredibly, incredibly unpopular. And I went in and asked these organizers, do you guys use AI? Do you find it useful? This was one of the top questions that my friends in San Francisco wanted me to ask is, are these people like using ChatGPT? And don't even realize that the data centers are how they can use it.
Jasmine Sun · Hard Fork · The Ezra Klein Show: The A.I. Revolt Is Here · 2026-09-11One, like, this is not actually the way that you would successfully slow down AI if that's what you really wanted. One, if you, if one locality or one state imposes a moratorium, AI companies are very, very happy to go to other states or other countries. They're already flooding into Texas, for example, because it's had such a pro-data center environment. People are looking at Louisiana, the Dakotas. Australia. Um, space, of course, is a current big interest of Elon Musk's because people think that maybe not now, but in 5 years, we can just put all the data centers in space and solve the political problems that way. So one is, I'm not really sure that this would stop AI progress that much. It would just shift the data centers to other places that do welcome them. Um, the second thing is, I actually do think that there are ways for these deals to be good. Not every community should want a data center. I think that many of them may discuss it and say, this isn't what we want. We don't need the tax revenue that bad. But in a lot of the cases with these sites that I visited, like, you know, in the old GM site in Janesville, the Viridian Partners, the data center developer, was gonna clean that brownfield up. They were the only ones willing to do so. I talked to a real estate broker who had tried to sell that site for 5 years and he couldn't do it because not a single other commercial buyer wanted to clean up all of this hazardous waste. Only the data centers were willing to do that. Or with Mount Pleasanton, the Foxconn site, right? They had already cleared all this land, they had built all this infrastructure. Putting a data center there was a net improvement for the community, most— in my opinion, personally, from an economic perspective, from the perspective of there is nothing going on there anyway. Um, so I think that there are ways to do these deals right.
Jasmine Sun · Hard Fork · The Ezra Klein Show: The A.I. Revolt Is Here · 2026-09-11So, if you're a talent evaluator, let's say you're a GM for an NFL team, or a head coach, or someone involved in the drafting, how well can you measure what you're talking about now, this intense level of self-belief?
Stephen Dubner · Freakonomics Radio · 686. Why Is It So Hard to Find an NFL Quarterback? · 2026-09-11