DeepSeek, Open Source, Tariffs, DOGE, Market Impact | BG2 w/ Bill Gurley & Brad Gerstner – BG2Pod with Brad Gerstner and Bill Gurley

Bullish:

$NVDA - Bullish on NVIDIA due to the company's strong position in the AI boom, despite increased market uncertainties.
$VIX - Expecting increased market volatility over the next six months due to various uncertainties and policy changes.

Bearish:

$TECH - Bearish on tech valuations due to increased uncertainties leading to higher discount rates for future cash flows.
$SEMI - Bearish on semiconductor manufacturers due to potential tariffs and lack of advanced chip manufacturing capabilities in the US.
$EQUITIES - Skeptical about the resilience of public markets given various uncertainties, despite optimism around pro-growth policies.
$USAID - Expecting potential shutdown of USAID to save $50 billion in the budget, based on a direct conversation with the president.