Buffett, Harvard, Tesla and the Nuclear Renaissance
Episode publishedPodcast: Lumida Wealth : Non-Consensus...Lumida Wealth : Non-Consensus Invest Beyond the Ordinary
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Welcome to non consensus investing. I'm Ram Alowalia, your host and CIO at Lumida Wealth, where we specialize in the craft of alternative investments. At Lumida, we help guide clients through the intricacies of managing wealth so they don't have to shoulder the burden alone. Through this podcast, we draw back the curtain to reveal the strategies employed by the best in the business for their clients so that you too can invest beyond the ordinary. This
has been a incredible week. It's been a very active week and very stressful for many. It's been the presidential election. So I don't know when you're gonna be hearing this. If you're hearing this live, it's right in the moment. But maybe a month from now, a year from now, we could go back and reflect. So the title of today was Buffett, Harvard, Tesla, and Nuclear Renaissance, nonconsensus investing in public markets. Those are all things that we're absolutely gonna cover and then some. I couldn't make the title big enough. But I think it'd be wrong and remiss if we didn't bring in the fact th
you again for having me, Angela. It's always a pleasure.
Thank you. Thank you. We have a lot to get to. We're gonna get initially a little bit off track relative to what I had in the title as I mentioned, but I think we basically have to start with a very blunt direct question. Trump won. What does that mean? Who are gonna be the winners? Who are gonna be the losers? And, effectively, what's gonna be the impact on the markets? Sure.
There's a political implication. There's an economic implication. I'll start with the former. And, like, my views here as, like, an analyst, 48% of the people happy with not happy with the outcome, 52% happy with the outcome. From the DNC level, I think the progressive wing of that party is a clear loser. K? So the strategy of student loan debt forgiveness, it upset people that actually vote. It appealed to people that don't vote, number 1. Number 2, the, attack on digital assets, Elizabeth Warren's crypto anti army, that didn't work. That summoned a wall of money and motivated people to take
And following up a little bit on that and pressing it a little bit, could I make the art one, I agree with you. And I think it's pretty obvious America voted. But I'm gonna take a little bit of a contrarian perspective relative to that. By the number of electoral votes, it was a moderately dominant win by Trump. But it came down to about 7 swing states And at least in 5 or 6 of those swing states, including the blue wall, it was very close. So a little misleading. Yes. I know you could look at the charts that show counties around the US, and it basically it feels like 80% plus was red. But, ag
adjustment. The root cause is that she was the nominee. That's the root cause. She was not vetted through a political process, and she, as you pointed out, made a bad choice in VP, made a made a bad choice in campaign manager, and didn't have the political instincts that Trump did, such as the Joe Rogan show and the McDonald's stunt. And, yeah, they were they were stunts, but they were effective, and that's how people are consuming information. I don't think this election was about race and gender. Right? Female centers from Michigan and Wisconsin won. The Trump also had his most effective cam
This was obviously a great election for a longer form podcast. Yay. It's too bad I don't have more subscribers. By the way, I reached out to multiple candidates from both sides. And the reality is, yeah, I could be a little quirky, a little bit unique. Yes. I love long form. I think I have a very pound for po
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