💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 📱Take ownership of your Bitcoin with Foundation. Attain self-custody with Passport hardware wallet: https://foundationdevices.com/?mtm_campaign=theinvestorspodcast Clay chats with David Stein about current market conditions, the role of international stocks in a portfolio, whether investors should get exposure to AI stocks or not, if GDP is an outdated metric, the role of alternative assets in a portfolio, and David’s guide to living a richer, wiser, and happier life. ▶️ RELATED EPISODES: - A Sea Change Is Happening: What Worked Then, Won’t Work Now w/ Howard Marks: https://youtu.be/VF56c5jyGy4 - What’s Coming Is WORSE Than a Recession: Calling A Super Bubble w/ Jeremy Grantham: https://youtu.be/ULcisguHRTg - Inflation & The Coming Gold, Silver, & Commodities Bull Run? w/ Tavi Costa: https://youtu.be/OVd53AV1zPE - 2023 Market Outlook: Inflation, Recession, and the Fed w/ Cullen Roche: https://youtu.be/uYsasO-4sSI - Energy, Inflation, and the FED w/ Lyn Alden: https://youtu.be/qgu4Tf_7RWk - Closed End Funds w/ David Stein: https://youtu.be/zZgWk-m6Y8w - Evergrande Crisis | Chinese Stock Market Collapse w/ David Stein: https://youtu.be/XtIy23b2W-o - David Stein - Key Questions & Answers To Master Investing: https://youtu.be/fzFXWpOKH3w IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:00:41 - Why we should care about current market conditions as long-term investors. 0:09:00 - David’s assessment of current market conditions and the Fed’s job in managing inflation. 0:13:25 - How long it takes for interest rates to flow through to the broader economy. 0:17:36 - The role international stocks can play in a portfolio. 0:24:06 - If investors should care if the US has the reserve currency or not. 0:32:02 - Ways in which investors can get exposure to AI. 0:38:34 - The potential long-term impacts of AI on our financial system. 0:42:25 - Whether GDP is an outdated and misleading metric or not. 0:44:32 - The role that crowdfunding platforms and alternative assets can play in a portfolio. 0:53:08 - How the venture capital playbook works. 0:59:12 - How David thinks about the expected returns for alternative assets. 1:07:17 - David’s thoughts around aligning his finances with living a good life. 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/current-market-conditions-alternative-assets-ai-w-david-stein/ 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ - TubeBuddy help optimize our YouTube videos - https://www.tubebuddy.com/pricing?a=TheInvestorsPodcast ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.