AI tools improve the speed and efficiency of financial research, but they do not replace the need for fundamental principles like return on capital and margin of safety.

“AI as a whole has sort of helped quant investing, uh I think it's made the research process a lot faster for us. But if you look at it from just from a pure stock perspective, I think they're going at some crazy valuations. So essentially um to justify those valuations that we are running at today, ”