Welcome to the Millennial Investing Podcast. Before we dive into today's episode, I'm super excited to introduce to you my new co-host and the new main host of this show, Clay Finck. He just recently joined the TIP team, and starting with this week's episode and going forward, you're going to start to hear a lot more of him. About our new host, Clay Finck: “I was born and raised in Nebraska, so stumbling upon and learning about Warren Buffett naturally happened fairly early on for me. I recall reading a book, which is called The Snowball. It's a biography about Warren Buffett. And I read that book when I was 18 years old and really have been hooked to the concept of investing ever since. And from there, I discovered The Investor's Podcast, and I've been a huge fan of the show ever since. And it's really a bit surreal sitting here with you today. It's incredible the amount of value I've gained from listening to these podcasts, so I really thank you for that. A little bit more about my background, I graduated with an undergraduate degree in actuarial science from the University of Nebraska, and I've worked in the industry for a few years prior to joining the team at TIP. And I really couldn't be more thrilled for what lies ahead for us.” - Clay How is the show going to change? “I will still be hosting the Real Estate 101 Podcast that you guys hear come out in this podcast feed. From time to time, you will still hear me co-hosting with Clay on an episode, but for the most part, Clay will be leading the show on a regular basis and will be the main host. Other than that, I'm working on building out a software platform for TIP, it's called TIP Finance, and it helps people automate and simplify their stock analysis. It's a portfolio tracker. There's a bunch of cool tools that we're building so that's also one of the biggest reasons why I'm taking a little bit of a step back from being the host of this show and handing the reins off to Clay.” - Robert ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Robert Leonard and Clay Finck chat with Simon Erickson about Reddit and the Wall Street Bet’s movement, what is happening in China with the crackdown on tech companies, what is happening in the semiconductor industry and why it’s important, the space economy, Affirm’s business model and competitive advantages, and much, much more! Simon Erickson is the founder & CEO of 7investing and a former lead adviser at the Motley Fool. Simon’s team at 7investing has 7 advisors searching for the very best opportunities in the stock market. 7investing’s advisor team has a tenured track record of investing success, and they’re seeking out the important trends that are disrupting entire industries such as AI, biotech, cloud computing, and digital payments. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 05:25 - Reddit and WallStreetBets movement 08:31 - Where investors should go to learn about investing 09:47 - China's tech companies crackdown 12:51 - Risks investing in Chinese companies 20:39 - Why is there a shortage in semiconductors? 29:28 - What is the space economy and what types of companies are involved? 33:29 - Companies or industries Simon is most excited about and why 35:40 - Capital Allocation 43:11 - Affirm Holdings Inc. (AFRM) stock analysis Growth Investing and Favorite Stock Picks w/ Simon Erickson (MI040): https://youtu.be/yZ6FIUldDO4 Growth Investing Stock Analysis w/ Simon Erickson (MI088): https://youtu.be/64Je7PIUnAI ✔️ Subscribe to Millennial Investing podcast show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/millennial-investing/emerging-industries-affirm ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ 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.