Nvidia is the Hottest Stock Right Now— But Should You Invest?

Good strategy is the effective application of your organization’s strengths against your rivals’ weaknesses. Unfortunately, many people misunderstand what makes good strategy and end up publishing vague statements of lofty but directionless goals instead of actionable, focused plans that will propel their organization to success.

Richard Rumelt is one of the world’s foremost thinkers on strategy, having guided organizations ranging from small, entrepreneurial start-ups to large, multinational conglomerates, as well as several governments and the U.S. Department of Defense. In Good Strategy Bad Strategy, he lays out the essential components of good strategy and the faulty thinking behind bad strategy. He also describes specific and measurable techniques for designing a focused strategy that gives your organization the best chance of success.

Join "The Daily" as Michael Barbaro and Andrew Ross Sorkin sit down with Elon Musk for a compelling Sunday Special at 'DealBook'. Delve deep into the mind of the tech titan as he shares insights on his groundbreaking innovations and the driving forces behind SpaceX, Tesla, and Neuralink. This engaging episode moves beyond Musk's status as the world's wealthiest person, exploring how his childhood inspirations, like Douglas Adams' literature, and his philosophical musings have fueled a lifetime of curiosity and creative problem-solving. As Musk reflects on technological superiority and product quality, listeners gain a unique perspective on his vision for the future and humanity's expansion into space.

In this conversation, Musk not only discusses his companies' influence on the tech industry and the market's reception but also addresses the ethical dilemmas and social responsibilities that come with advancements in AI and neuro-technology. The episode doesn't shy away from more controversial topics, as Musk gives his take on Tesla's workplace culture, the impact of his social media engagement, and his unwavering commitment to free speech in the face of political shifts. Together, Barbaro and Sorkin paint a vivid image of Musk—the avant-garde entrepreneur whose principles in business and life continue to challenge conventional norms and pave a path of lasting global influence.

In a compelling installment of the Lex Fridman Podcast, Elon Musk joins the visionary host to explore the breadth of technological and socio-political issues shaping our world. Covering the impact of AI on scientific discovery, Musk enthuses about the promise of advanced systems like Grok by XAI to unravel deep scientific mysteries, and wryly comments on SpaceX's encounters with regulatory challenges. As they discuss the evolution of AI technologies, including the strides made by Tesla's Autopilot and the ambitious Optimus humanoid robot, Musk brings a blend of technical insight and personal anecdotes to the fore.

The episode takes a broader turn as Musk weighs in on global dynamics, comparing historical wars to modern conflicts, and contemplating economic strategies to foster peace, drawing parallels between ancient rivalries and current international tension, particularly between the USA and China. With candor, Musk discusses his own legal and public relations hurdles, the portrayal of his actions in media, and his philosophy on life forged from personal trials. In the end, Musk and Fridman look forward to a human future shaped by our understanding and navigation of the universal laws of physics, advocating for a balanced approach to discourse in our interconnected societies, upholding free speech, and maintaining a vital sense of humor.

Good strategy is the effective application of your organization’s strengths against your rivals’ weaknesses. Unfortunately, many people misunderstand what makes good strategy and end up publishing vague statements of lofty but directionless goals instead of actionable, focused plans that will propel their organization to success.

Richard Rumelt is one of the world’s foremost thinkers on strategy, having guided organizations ranging from small, entrepreneurial start-ups to large, multinational conglomerates, as well as several governments and the U.S. Department of Defense. In Good Strategy Bad Strategy, he lays out the essential components of good strategy and the faulty thinking behind bad strategy. He also describes specific and measurable techniques for designing a focused strategy that gives your organization the best chance of success.

The world’s greatest investor Warren Buffett read this book when he was 19 years old, and he still calls this “by far the best book about investing ever written.” The Intelligent Investor covers timeless ideas of how the market behaves, how investment is different from speculation, and how to identify profitable investments.

Learn whether you’re a defensive or an aggressive investor, why most trading strategies don’t work, and how to maintain control of your psychology in any type of market condition.

Have you always wanted to invest in the stock market but felt too uninformed or inexperienced to do so? In One Up on Wall Street, legendary investor Peter Lynch argues that you not only have all the tools you need to become a savvy investor but that you actually have a better chance of investing successfully than professionals and firms: You can act independently and based on your own good information.

Lynch describes a no-nonsense approach to the stock market that involves examining your daily life for investment opportunities, doing your research, and diligently monitoring your portfolio over time. Rather than following the complex predictions of so-called professionals or leaping on the latest and greatest overpriced stock, he advises you to keep your own counsel, be self-reliant, and see yourself as your greatest resource.

Alongside Lynch’s investing advice, we’ll present the varied and sometimes opposing recommendations of other investors and experts, 21st-century updates to some of his ideas, and clarifications on certain concepts.

A massive bestseller now in its 12th edition, Burton Malkiel’s A Random Walk Down Wall Street provides a comprehensive and entertaining introduction to the world of finance. Malkiel leverages his experience as an academic economist and former Wall Street portfolio manager to explain for the lay reader the intricacies of security analysis, asset valuation, and investment theory. He also offers a wealth of practical investment principles that will be useful for novice and seasoned investors alike.

With various companies vying to manage investors’ money, investing can feel overwhelming. John Bogle, however, argues that the winning strategy for novice investors is simple: Invest in traditional index funds and hold them indefinitely.

In his 2017 book, The Little Book of Common Sense Investing, Bogle outlines the reasons why investors typically make more money with index funds than the primary alternative—actively managed mutual funds. Because the costs of mutual funds vastly outstrip those of index funds, Bogle argues that mutual funds deliver reduced returns, and those relative losses compound over time.

In this guide, we’ll discuss Bogle’s arguments about the superiority of index funds over mutual funds, in addition to his proposed allocation of stocks to bonds in your portfolio. We’ll also dig deeper into the data that underlie Bogle’s arguments and examine how the book’s predictions have panned out since its publication.

Good strategy is the effective application of your organization’s strengths against your rivals’ weaknesses. Unfortunately, many people misunderstand what makes good strategy and end up publishing vague statements of lofty but directionless goals instead of actionable, focused plans that will propel their organization to success.

Richard Rumelt is one of the world’s foremost thinkers on strategy, having guided organizations ranging from small, entrepreneurial start-ups to large, multinational conglomerates, as well as several governments and the U.S. Department of Defense. In Good Strategy Bad Strategy, he lays out the essential components of good strategy and the faulty thinking behind bad strategy. He also describes specific and measurable techniques for designing a focused strategy that gives your organization the best chance of success.