Tesla: Bullish on the Company, Bearish on the Stock
Stephen and Andrew ignore the headlines and the Twitter drama and look at Tesla the company — the EVs, the $30 billion robotaxi bet, the robots, and a balance sheet holding roughly $44 billion in liquid assets. Both are bullish on the business. Neither will touch the stock at $393 with a trailing PE over […]
Meta’s AI Spending: Genius Move or Zuck Losing It?
Meta is spending aggressively on AI infrastructure—and the big question is whether that’s visionary or reckless. Andrew frames Meta as primarily an advertising business today, while Stephen digs into what Meta’s leadership is signaling about 2026–2027 capex visibility (and how murky “2028 and beyond” still looks). From there, the conversation turns into what investors actually […]
Cummins (CMI): Record Quarter, Falling Stock — What Wall Street Sees
Cummins just printed a monster quarter—record revenue, raised guidance, and strong-looking headline numbers—yet the stock has been sliding hard. In this episode, Stephen and Andrew walk through why that disconnect happens and how to avoid the “headline trap” where a good quarter gets mistaken for a good stock. The big theme: stop reacting to the […]
Is NVIDIA’s High-Margin Machine Sustainable?
NVIDIA is currently pulling off something unprecedented in financial history: posting startup-like revenue growth (+126% in 2024 and +114% in 2025) while sitting at a massive $4 trillion valuation. Mainstream media treats this hyper-growth as an unstoppable tech miracle, but history shows that every infrastructure CapEx boom eventually faces physical and economic boundaries. In this […]
Birdseye View ASTS: Moonshot Potential vs. Financial Reality
In this episode, Stephen and Andrew take a bird’s-eye view of AST SpaceMobile (ASTS) to separate the revolutionary promise of direct-to-cell satellite broadband from the cold, hard financial realities hiding in its SEC filings. While the technology aims to solve global cellular dead zones, a look under the hood reveals massive cash burn, crushing debt […]
Live Research: On Holding (ONON) — Great Growth, Big Questions
In today’s episode, Andrew and Stephen try something new: researching a company live, on-air, in real time. The company is On Holding (ONON)—a premium Swiss running and lifestyle shoe brand both hosts personally like, but don’t fully understand from an investor’s perspective. They walk through how they’d approach a high-growth stock when they’re still building […]
Birdseye View: Caterpillar (CAT) — Moat, Dealers, and the “Picks & Shovels” of the AI Boom
Caterpillar (CAT) is one of those companies almost everyone recognizes—but most investors still struggle with the same question: how do you know if a great business is actually worth buying at today’s price? In this episode, Stephen brings the real-world perspective from growing up around mines and heavy equipment, while Andrew brings the numbers-first approach […]
A Shoe Company “Pivots to AI”… and the Stock Jumps 582% (Markets Are Cray-Cray)
In today’s episode, we kick things off with Amazon’s new 3.5% fee for third-party sellers and why the internet outrage might be missing the bigger point: shipping, logistics, and supply chain costs are real—and they don’t magically disappear just because Prime feels “free.” Then we dig into peak market mania: a shoe company (Allbirds) announces […]
A Contrarian Take on AI: Is It Time to Buy Software Stocks?
In this episode, Andrew tackles a listener’s question about the recent brutal sell-off in the Software-as-a-Service (SaaS) sector and whether AI is coming to eat Adobe’s lunch. He dives into the real threats facing software companies, unpacks some alarming studies on the psychological impacts of AI, and explains why comparing the current AI boom to […]
Ferrari’s Pricing Power Personified & The Chutzpah of Scarcity
In this episode of the Investing for Beginners podcast, Stephen and Andrew dive into the fascinating business model of Ferrari, arguing that it operates more like a luxury lifestyle conglomerate than a traditional automaker. They contrast Ferrari’s strategy of prioritizing value over volume against the traditional auto industry’s “race to the bottom”. By digging into […]
