FSD: Unfinished Business?

In this episode of FSD, we dive into the intensifying geopolitical tensions between the US and Iran and why the market may be drastically underestimating the timeline for a resolution. We explore the "Trump Vision" for oil, the shifting goalposts of negotiations, and why military movements toward Kharg Island suggest a strategic play for leverage rather than a simple weekend deal. Beyond geopolitics, we discuss the "pernicious" return of inflation, the unwinding of high-beta market themes, and why being "defensively positioned" is the key to outperforming in the current market cycle. From the SpaceX IPO to the risks of "Death by Cop," this episode provides a candid look at where value is emerging and which "cult stocks" to avoid

Episode 116 of the Lumida Wealth : Non-Consensus Invest Beyond the Ordinary podcast, hosted by Justin Guilder, titled "FSD: Unfinished Business?" was published on April 1, 2026 and runs 18 minutes.

April 1, 2026 ·18m · Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

Summary

In this episode of FSD, we dive into the intensifying geopolitical tensions between the US and Iran and why the market may be drastically underestimating the timeline for a resolution. We explore the "Trump Vision" for oil, the shifting goalposts of negotiations, and why military movements toward Kharg Island suggest a strategic play for leverage rather than a simple weekend deal. Beyond geopolitics, we discuss the "pernicious" return of inflation, the unwinding of high-beta market themes, and why being "defensively positioned" is the key to outperforming in the current market cycle. From the SpaceX IPO to the risks of "Death by Cop," this episode provides a candid look at where value is emerging and which "cult stocks" to avoid