The S&P 500 is roughly 60 points from an all-time high, yet the two lead partners at New Harbor Financial, Mike Preston and John Loder, spend most of this episode explaining why they believe the…
Mike Preston — Podcast Appearances & AI Summaries
Mike Preston has appeared on 2 podcast episodes in our AI-summarized catalog, including Thoughtful Money with Adam Taggart. Every appearance below has a free 5-minute AI summary.
What Mike said
“I'd rather spend 200 billion on AI and have it fail than to miss out and be a laggard relative to my peers.”
— Mark Zuckerberg (paraphrased by Mike Preston), illustrating the FOMO mindset driving the AI capex frenzy.
“It's a matter of faith. Faith and history and math.”
— Mike Preston, on why he believes extreme valuations will eventually matter.
Episode appearances
2 “We very much think we have valuation and an earnings bubble,” says New Harbor Financial’s John Laudre. “Doesn’t mean these aren’t real. They’re not transformative, just like the internet was. But…
Also appeared with
Try PodSized free
5 free AI summaries per month. Premium unlocks unlimited summaries, audio versions, chat, and full transcripts.
Start Free →