Joe Fier argues you should own stocks across sectors, not just chip makers like Nvidia, because AI will broadly benefit food sellers, raw materials, and many others. He frames it as a transformative opportunity similar to the 1990s tech boom: own it rather than compete against it.
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I think business ownership and asset ownership is really important, simply because otherwise you're going to compete against AI. So if you don't expand, you know, what. What we're doing, it's going to be tough. It's going to be really tough to keep up and battle with that AI if you don't expand ownership. And I think stocks are a great way to do that, because it's not just finding Nvidia and, you know, doubling your money on a chip maker. You know, people who, you know, sell food, people who raw materials, everyone will benefit from AI. So I'd rather own it than compete against it. And just as the tech boom of the 90s, you know, blew up the market, there's potential for AI to do that again. It's that big. Yeah.