Wall Street Quant: AI disrupts 78% of the stock market!

Kai Wu is the founder and CIO of Sparkline Capital. He joins Phil Rosen on Full Signal to discuss why AI is breaking traditional value investing, how classic market metrics have become outdated, picking stocks in the AI trade, and which software stocks will win and lose next.This episode is sponsored by Public: https://public.com/openingbellSubscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/Timestamps:0:00 - AI disruption framework1:07 - Code isn't a moat1:47 - Intangible value3:21 - Value metrics are outdated4:53 - Netflix vs. Blockbuster7:43 - 200 years of patent data12:48 - Building an AI-era portfolio15:09 - Is intangible value already priced in?16:42 - Fake AI companies21:47 - Software winners27:57 - Startups vs. incumbents30:38 - 78% of market exposed34:43 - Are index investors safe?40:28 - What we'll be wrong aboutDisclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.#podcast #investing #markets #macro #stocks #bitcoin #fed