E47: Cult Stocks, Tech Media, and Technological Revolutions

This week, Byrne Hobart and Erik Torenberg discuss cult stocks like Tesla and Palantir, debate whether AI or globalization will impact jobs more, explore the energy transition's unexpected reversal, analyze Forbes' content strategy and more.

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LINKS:

Byrne’s writing: https://thediff.co

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X / TWITTER:

https://twitter.com/ByrneHobart (Byrne)

https://twitter.com/TurpentineMedia (Turpentine)

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TIMESTAMPS:

(00:00) Intro

(00:20) Understanding cult stocks

(05:48) ESG investing

(09:21) Viability of stock-based social networks

(16:53) Vertical social network

(19:43) Sponsors: Babbel | Brave

(22:08) Role of tick sizes in financial markets

(29:03) Tech stocks and market timing

(36:24) Job losses: AI vs. Globalization

(41:11) Energy transition in reverse

(45:49) Forbes' business model and media strategy

(52:00) Power of lists in media

(01:00:01) Wrap