Ric Elias - The Art of Living Well - [Invest Like the Best, EP.388]

Bullish:

• $AI - AI is expected to disrupt every aspect of business and technology, presenting significant investment opportunities.

  • “I think AI is gonna disrupt every workflow, every interface, every platform, everything in ways that no one can predict. You gotta be both aggressive and thoughtful.”

    Ric·1:23:04
• $HC - There's potential in consumer-focused healthcare platforms that integrate AI for personalized health management.

  • “Ultimately, you want a place where the consumer gets all the answers, all the connectivity, access to, do I qualify for this thing? Is it covered? Is it not? It is preventive. And you can see how AI will play a role in a very personalized way. So it's almost like a agent for you personally around your health.”

    Ric·1:15:02
• $APPRENTICE - There's value in on-the-job training and mentorship for young professionals, with potential opportunities in this area as remote work trends threaten traditional apprenticeship models.

  • “One of the great things about our country is the apprenticeship layer that exists between 2030 when you leave college, which I think is at risk right now with all this not coming to the office and everything else.”

    Ric·1:19:05

Bearish:

• $OFFICE - Traditional office usage may decline as employees prefer hybrid work models, potentially impacting the commercial real estate sector.

  • “Employees here are loving coming to campus, but they love coming to campus 3 days a week. And if you're 30 and you're balancing 3 things in life and you are really good at why you do that, you're perfectly fine doing that. You can do your job that way.”

    Ric·1:20:03