The Art of Value

John Johnston (JJ) breaks down how journalist Gil Duran has a new book that argues a small circle of Silicon Valery billionaires, including Elon Musk, Peter Thiel, and Marc Andreessen, have come to believe that democracy is in their way, and that only they and their technologies should govern in its place. Referenced channel:The Nerd Reich with Gil Duran https://www.youtube.com/@TheNerdReichNewsElon Musk, Silicon Valley, Peter Thiel, Marc Andreessen, Gil Duran, Technocracy, Tech Billionaires, Democracy, Political Commentary, Tech News, Tech Oligarchs, Silicon Valley Politics, Book Review, Tech Ideology, John Johnston

John Johnston (JJ) reacts to Scott Galloway and Ed Elson on Prof G Markets podcast, in which they break down the stock, following the SpaceX first earnings report, and the stock dropping dramatically before the first insider stock-lockup ended. They both think SpaceX stock is being way overvalued by the market.SpaceX, SpaceX stock, Scott Galloway, Prof G Markets, John Johnston, stock market, investing, SpaceX valuation, Elon Musk, tech stocks, stock analysis, Prof G, Ed Elson, stock market reaction, finance, SpaceX earnings, overvalued stocks, stock market podcast, stock breakdown——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to some of a couple of recent interviews with “The Dean of Valuation”, Prof. Aswath Damodaran, who thinks there will be more market, and specifically AI-related stock corrections to come. Prof. Damodaran thinks the current market situation rhymes with the historic Dot Com Bubble.Aswath Damodaran, Stock Market Correction, AI Bubble, Market Crash, Dot Com Bubble, Stock Valuation, Investing, Stock Market News, Magnificent Seven, John Johnston, The Johnston Lounge, John Johnston Lounge, Finance Reaction——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how SpaceX stock (SPCX) rocketed-up straight after the first stock lock-up ended, becoming a buy-the-news stock market event, which surprised quite a few market observers, including Eli The Computer Guy. JJ reacts to a video from Eli on the subject, and also from Chris Norlund.SpaceX, SpaceX Stock, SPCX, Elon Musk, Stock Market, Investing, Lockup Period, Stock Market News, Eli The Computer Guy, Chris Norlund, The John Johnston Lounge, John Johnston, Buy The News, SpaceX IPO, Finance Reaction——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to some clips of some liked-minded podcasters, including House of El: AI, Eli The Computer Guy, Chris Norlund, and The Tech Report. They are similarly skeptical of some AI-related companies and technologies, riding high during the AI Bubble.Referenced YT channels:House of El: AI https://www.youtube.com/@houseofel-aiEli The Computer Guy https://www.youtube.com/@elithecomputerguyChris Norlund https://www.youtube.com/@realchrisThe Tech Report https://www.youtube.com/@TheTechReportTRAI bubble, artificial intelligence bubble, tech skeptics, Eli the Computer Guy, Chris Norlund, The Tech Report, House of El AI, John Johnston, The John Johnston Lounge, AI company skeptics, tech news, artificial intelligence, AI crash, AI hype, AI market bubble, tech podcast, tech critique, tech bubble, tech commentary, AI industry news——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to some videos by some liked-minded podcasters, including House of El: AI, Eli The Computer Guy, and Chris Norlund. They are similarly skeptical of Elon Musk and his claims and “predictions” for SpaceX.Referenced YT channels:House of El: AI https://www.youtube.com/@houseofel-aiEli The Computer Guy https://www.youtube.com/@elithecomputerguyChris Norlund https://www.youtube.com/@realchrisSpaceX, Elon Musk, SpaceX stock, Elon skeptics, John Johnston, House of El AI, Eli The Computer Guy, Chris Norlund, stock market, tech news, podcast reaction, SpaceX stock crash, tech stock analysis, Elon Musk predictions, SpaceX news——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down SpaceX has been crashing on two fronts. SpaceX stock has been crashing since its post-IPO peak, and a SpaceX rocket has accidentally crashed into the Moon, creating a big new crater. SpaceX, SpaceX Stock, Moon Crash, Elon Musk, Stock Market, SpaceX IPO, Investing, Stock Market News, SpaceX News, Falcon 9, Finance News, Space News, John Johnston, The John Johnston Lounge, SpaceX Crash, Moon Impact, Finance, Investing News——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down SpaceX pumpers are out in force after the company's first earnings report as a public company. SpaceX stock dropped over 13% in reaction to earnings, and is now more than 50% down from its post-IPO peak.SpaceX, SpaceX stock, stock market, Elon Musk, investing, stocks to watch, stock market crash, finance, Starlink, John Johnston, The John Johnston Lounge, stock analysis, IPO, SpaceX earnings, stock crash, value investing, finance news, tech stocks, stock market news——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down some of Elon Musk's grand claims for SpaceX in the coming years, made in the first SpaceX Earnings Call, including reaching $1 trillion in revenue by 2030, and maybe by 2029.SpaceX, Elon Musk, SpaceX Earnings Call, Starlink, John Johnston, The John Johnston Lounge, SpaceX Revenue, SpaceX 1 Trillion, SpaceX News, Tech News, Tesla, Mars Mission, SpaceX Stock, Financial News——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down what happening with SpaceX Earnings and Space Earnings Call with Elon, for the stock to drop nearly 8% after hours. What did investors not like about SpaceX earnings?Referenced video:SpaceX crashes after Elon call | Chris Norlund: https://youtu.be/qm77VRKXdeYSpaceX, SpaceX stock, SpaceX earnings, Elon Musk, why SpaceX stock dropped, SpaceX stock crash, SpaceX earnings call, SPCX stock, SpaceX stock news, stock market news, stock market update, space stocks, Starlink stock, earnings report, stock market, John Johnston, The John Johnston Lounge, investing, stock analysis——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks reacts to Scott Galloway and Ed Elson as they discuss how a crash in the South Korean Kospi was caused by retail investors speculating with leveraged ETFs directly related to the AI bubble. Referenced video:South Korea's Crash Is A Warning For U.S. Investors | Prof G Markets https://youtu.be/q77frNeCVc4AI Bubble, Kospi, South Korea market crash, Scott Galloway, Ed Elson, Prof G Markets, leveraged ETFs, retail investors, AI stock crash, stock market crash, AI bubble domino effect, John Johnston, JJ, The John Johnston Lounge, Samsung, SK Hynix, single stock leveraged ETFs, tech stock crash, semiconductor stocks, margin calls, AI market risk, Prof G reaction——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to Ed Zitron on The Tech Report, discussing the state of huge circular financing within the AI bubble, after Nvidia offered a massive $250 loan guarantee to build OpenAI yet another data center, and yet another $350 loan of GPUs to go in the data center. Referenced videos:Nvidia's $350bn OpenAI loan is scaring everyone | Ed Zitron | The Tech Report https://youtu.be/B07mYv-IeU8Nvidia Is Keeping CoreWeave Alive, But Barely | Broken Business Models https://youtu.be/eTXixzzC-34AI Bubble, Nvidia, OpenAI, Ed Zitron, John Johnston, JJ, The John Johnston Lounge, circular financing, vendor financing, Nvidia OpenAI loan, Nvidia data center, AI data center, GPU bubble, AI market crash, tech stocks, AI stocks, tech report reaction, Jensen Huang, Sam Altman, tech news reaction, AI hype, AI financial bubble, data center loans——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to some of a Prof G Markets interview with legendary short seller Jim Chanos, who is calling out an AI Bubble, and shorting it. Chanos was instrumental in uncovering the Enron fraud, and successfully called out and shorted the Dot Com Bubble. Referenced video:Legendary Short Seller: Fraud Is Hiding Behind Record Highs https://youtu.be/VxpxLIuPxLA | Prof G MarketsJim Chanos, Short Seller, AI Crash, AI Bubble, Stock Market Crash, Artificial Intelligence, Tech Stocks, Investing, Finance News, Market Correction, NVIDIA, AI Valuation, Stock Market Analysis, Jim Chanos AI, Short Selling Strategy, Stock Market 2026, Financial News, John Johnston, The John Johnston Lounge——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how Elon Musk is about to drop over $100 million to support Republicans for the upcoming Mid Term elections, only a week after saying he go too far into politics last year.  Could this again impact his public popularity, and that of the Tesla brand?Referenced videos:Elon Musk Investment Plan REVEALED As Republicans Tank In Polls | The Damage Report https://youtu.be/nbnmyOBqzzYScott Bessent Left SCRAMBLING Over Insane Elon Musk Declaration In Fox News Disaster | The Damage Reporthttps://youtu.be/dTzz3tHYzFYElon Musk, GOP, Midterms, US Politics, Republicans, Tesla, Tesla Stock, America PAC, Political News, Election 2026, Midterm Elections, Elon Musk Politics, Political Donations, John Johnston, The John Johnston Lounge, JJ, Political Analysis, GOP Midterms, Musk Campaign Spending, Campaign Finance——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to some a a recent conversation between Investors George Noble, Julien Garran, “Nobody Special”, and independent journalist Ed Zitron, about how the wheels may be starting to fall off the AI boom; that is, the AI Bubble may be showing early signs of bursting.Referenced video:AI: The Wheels Are Coming Off | Julien Garran, Ed Zitron, Nobody Special | Market Talk with George Noble https://youtu.be/_PRY26/08lWOQtQkAI Bubble, AI Crash, Tech Stocks, Ed Zitron, George Noble, Julien Garran, Nobody Special, Artificial Intelligence, Stock Market, Market Bubble, Tech Stocks Crash, AI Hype, Stock Market Analysis, Tech Investing, Financial News, AI Industry Analysis, John Johnston, The John Johnston Lounge——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how Elon Musk is having an epic, ongoing public meltdown. It involves his companies Telsa and SpaceX, and his political worldview.Elon Musk, Tesla, SpaceX, John Johnston, JJ, The John Johnston Lounge, Elon Musk meltdown, Elon Musk news, Elon Musk political views, Elon Musk drama, tech news, political commentary, tech analysis, Elon Musk controversy——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how a highly leveraged AI-focused hedge fund has suffered major losses when stock in the sectors dropped abruptly over the past month. Is this a sign of more to come with the AI bubble?Referenced video:'AI' Hedge Fund BLOWN OUT As Bubble Fear Grows  https://youtu.be/N5A3GadjZbUai bubble, hedge fund, stock market, artificial intelligence, investing, finance, ai losses, stock market crash, tech stocks, hedge fund loss, ai stock crash, financial news, market update, john johnston, the john johnston lounge, tech bubble, market crash 2026, investing strategy——Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how Tesla's Cybertruck is looking like it could be the biggest automotive industry flop in history, dethroning Ford's Edsel.Tesla, Cybertruck, Elon Musk, EVs, Electric Vehicles, Automotive, Car Review, Tesla News, Automotive History, John Johnston

John Johnston (JJ) breaks down how and why Elon Musk has become a real threat to democracy. JJ reacts to an interview between Mehdi Hasan and Naomi Klein. Referenced videos:How the World's Worst Person Became the First Trillionaire | Zero  https://youtu.be/HcPOIutA9RUTech CEO: No More Poor People Voting! | Breaking Points https://youtu.be/fb3UHAuEg7c#ElonMusk #Democracy #Politics #MehdiHasan #NaomiKlein #ElonMusk #PoliticalCommentary #FreeSpeech

John Johnston (JJ) looks at whether or not the AI Bubble has started to burst. Is the AI sector unwinding after a huge run-up? We look at various market signs in the memory and semi-conductors sectors in particular, including the hugely volatile and speculative South Korean stock market.Related episodes:SpaceX Stock Crashes Nearly 50% | AI Bubble Bursting? https://open.spotify.com/episode/0t5v6pEahXpXicuD6abAxSSpaceX Stock Crashes $1T & AI Trade Reverses! https://open.spotify.com/episode/7jC4ipCe0PADreDavJVua8Referenced videos: South Korea's AI bubble just crashed | Chris Norlund https://youtu.be/8tZt85X4DjAChina Is Undercutting America's AI Giants | Prof G Markets https://youtu.be/Tir4jiraB3YCrashes in Progress. Look Out Below | Gordon Johnson & George Noble https://georgenoble.substack.com/p/crashes-in-progress-look-out-belowDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to part of an interview Elon Musk had with The Economist's Editor-In-Chief, Danny Minton, about his political beliefs and how he has been attempting to influence politics in the UK and other European countries. Minton asked some questions Elon is not often confronted with these days. Related episodes:Elon Musk Grilled & It Gets Awkward! https://open.spotify.com/episode/0nz5Ry346AczVyY6IDmA6lTesla, Elon Musk & Joe Rogan are CRASHING  HARDhttps://open.spotify.com/episode/3mObz6l6MZi6Y5MNNwtT2GReferenced video:Elon Musk on Europe, the far right and civil war in Britain | The Economist https://youtu.be/QTGCSYn0piwDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how shares of Tesla plummeted around 15% after the latest earnings report, and SpaceX is down around 50% from its highs. Elon Musk's “just trust me”, about Tesla Robotaxi and Optimus robots, doesn't seem to be working so well with investors anymore. Related episodes:Tesla Profits Plunge & SpaceX Stock Continues Fall https://open.spotify.com/episode/4BBNi6oN9xmKG7kwqJzRNySpaceX Stock is Crashing & Tesla Investors Want Answers  https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down Tesla Earnings for Q2 2026, in which Tesla profits plunged as discounts on its EV models weighed on the earnings results. Tesla stock sank during the earnings call with Elon. SpaceX stock also sank significantly on the day, now down almost 50% from its peak. Tesla's capital expenditures doubled as Tesla continues to struggle to pivot to the hot semiconductor sector, autonomous robotaxis, and Optimus humanoid robots. Related episodes:SpaceX Stock is Crashing & Tesla Investors Want Answers  https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7SpaceX Stock Crashes Nearly 50% | AI Bubble Bursting? https://open.spotify.com/episode/0t5v6pEahXpXicuD6abAxSSpaceX Stock Crashes $1T & AI Trade Reverses! https://open.spotify.com/episode/7jC4ipCe0PADreDavJVua8Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how SpaceX stock has gone down nearly 50% from the high it set just days after its historic IPO in June 2026. We also ponder the question: has the AI bubble peaked? We look at various market and AI sector signs and news, including what famed short seller Jim Chanos is currently saying, and how memory sector stocks have given way after a stellar run-up recently.Related episodes:SpaceX Stock Crashes $1T & AI Trade Reverses! https://open.spotify.com/episode/7jC4ipCe0PADreDavJVua8SpaceX Stock is Crashing & Tesla Investors Want Answers  https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7Referenced videos: Did the Market Bubble Peak Two Weeks Ago? Value Investing with Seven Carlin https://youtu.be/d9_e_oMHxw0The Memory Meltdown Has Begun https://youtu.be/_AJJBYYpgkI | RiskReversal MediaAI Bubble: Data center equity is getting dumped | Ed Zitron | The Tech Report Reporthttps://open.spotify.com/episode/6OqXd8Hoot9XD3jKS4Fo5dDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how SpaceX stock lost around $1 trillion in market value from its initial peak, and short sellers are increasingly betting against SpaceX, just weeks after its massive IPO. Also, we look at how this relates to US semiconductor stocks falling at the same time, and in turn how this relates to the huge volatility in the South Korean KOSPI Index over the past year, and its recent fall into bear market territory.Related episodes:SpaceX Stock is Crashing & Tesla Investors Want Answers  https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7Aswath Damodaran: “SpaceX Looks AWFUL As An Investment” https://open.spotify.com/episode/5lheHMH1AuJ1YVYB3i3F8GReferenced video: The World's Best Stock Market Is Also Crashing! | Patrick Boyle On Finance https://open.spotify.com/episode/1NyAd8NTavmMG1LmlLWMICDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how SpaceX Stock is sunk below its IPO price for the first time, and short sellers are having a field day as the stock continues to slip. Tesla shareholders are also begging Elon Musk to explain Tesla's missed short and long term goals, based on Elon's “predictions” and claims.Related episodes: AI Bubble & SpaceX: 17x Bigger Than Dot Com | George Noble https://open.spotify.com/episode/6GEsy88szlvkjDVygARuu3Morgan Stanley Issues SpaceX Target Value of ~$4T!  https://open.spotify.com/episode/3NkfKIuveMn2Aw9HsG6t9BReferenced videos: SpaceX Is Down 40% — How Low Can It Go?https://open.spotify.com/episode/6mYKd2igQ8vK9qNfaabWFbDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to investor and longtime fund manager George Noble discussing what he sees as a massive AI bubble, which he thinks is much bigger than the previous Dot Com Bubble. Noble also sees Elon Musk's SpaceX and Tesla being involved in the biggest misallocation of capital in the history of financial markets. Related episodes:THE TESLA STOCK CRASH WILL BE EPIC https://open.spotify.com/episode/2RV8h4ioNb1wksarKXeIdHAI Bubble: NOT Too Big To Fail! Let It Burn | Ed Zitron https://open.spotify.com/episode/7xPtM9dJGQcc06JpBBU3mdMorgan Stanley Issues SpaceX Target Value of ~$4T!  https://open.spotify.com/episode/3NkfKIuveMn2Aw9HsG6t9BReferenced videos: AI Bust Fallout Would Be 'More Significant' Than Dot-Com, Says George Noble https://youtu.be/JfOSTnRgIwsDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down what tech journalist and podcaster Ed Zitron is saying about there being a massive, multi-layered AI bubble. In recent interviews and in his newsletter Where's Your Ed At, Ed has been detailing what he sees and how he thinks an AI bust will play out. Will Ed Zitron be correct?Related episodes:Dangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnAI Bubble: OpenAI's Financials LEAKED & It's UGLY | Ed Zitron https://open.spotify.com/episode/481iOGnwXtpEE4JbvZuNCUAI Bubble: Reckless Multi- $Trillion Data Center Buildout https://open.spotify.com/episode/4uVy4Q3Cg46JHbgGidH9NRReferenced videos: Ed Zitron on CNBC: Generative AI Doesn't Work, And Big Tech Is Out Of Hypergrowth Ideas | Ed Zitron https://youtu.be/TtmPccUTDP8Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how SpaceX has received bullish recommendations from Wall Street banks, including Morgan Stanley, which has given Elon Musk's AI and rocket company stock a $300 price target. This would give SpaceX a market valuation of around $4 trillion. Related episodes:Aswath Damodaran: “SpaceX Looks AWFUL As An Investment” https://open.spotify.com/episode/5lheHMH1AuJ1YVYB3i3F8GAI Bubble & SpaceX: What Could Happen in A Bust? | Grantham & Buffett  https://open.spotify.com/episode/48X5eRowgV9GCTCnwabg5OSpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down the news that Sam Altman wants the US government to have a 5% stake in OpenAI, and Meta is looking to rent out excess AI data centre capacity to other companies. Are these signs that Sam Altman is trying to make OpenAI “too big to fail”, and that Meta's internal AI strategy has failed?Related episodes:AI Bubble: Top Central Bank Warns of Global Financial Crisis https://open.spotify.com/episode/3hsDCH8J1PKCN3DoLrqhhXAI Bubble & SpaceX: What Could Happen in A Bust? | Grantham & Buffett  https://open.spotify.com/episode/48X5eRowgV9GCTCnwabg5OReferenced video: OpenAI Wants A Government Bailout https://open.spotify.com/episode/0jZZLuzDQOkTXEuykku7UiDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down what investor and Professor Aswath Damoderan, the “Dean of Valuation”, thinks of the current stock market valuation of SpaceX, and the current outlook for the emerging AI sector. Related episodes:AI Bubble: Top Central Bank Warns of Global Financial Crisis https://open.spotify.com/episode/3hsDCH8J1PKCN3DoLrqhhXAI Bubble & SpaceX: What Could Happen in A Bust? | Grantham & Buffett  https://open.spotify.com/episode/48X5eRowgV9GCTCnwabg5OAI Bubble: Are Retail Investors Flying Into A Trap? https://open.spotify.com/episode/3SgyqWUt0QLZkO7aumqvBqReferenced videos: The Trillion Dollar Gap | Aswath Damodaran on SpaceX, AI and the Big Market Delusion | Excess Returns https://open.spotify.com/episode/1xrNJH7f3eCuRIwmmzIijaDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how President Trump has made billions while in office during off his second term, from crypto schemes, to stocks, to international business deals related to insider knowledge of government policy changes and contracts.Related episodes:TRUMP Memecoin is Grifting INSANITY https://open.spotify.com/episode/2jwECp8GbmInq2BjwsYDCDIt's Official: Elon Musk Must Face DOGE 'Power Overreach' Lawsuit https://open.spotify.com/episode/6Dz4yUMtrfu5zB0k5ZmOObReferenced videos: ‘Onslaught of corruption': Trump's ex-lawyer on his $1B+ disclosure https://youtu.be/FpdAU6kKAYUHow Trump Made $4 Billion as President | Steve Rattner on Morning Joe https://youtu.be/iq6CLSnywKMDonald Trump made up to $1.4bn in stock purchases in 2025 https://www.ft.com/content/9067f454-a2f3-43da-bb0e-7f3015ce3bf5?syn-25a6b1a6=1 Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how the Bank for International Settlements (BIS) is warning of the current “AI exuberance” driving up the risk of another global financial crisis. “Big Short” investor Steve Eisman is also looking at some of the biggest warnings signs right now, in relation to the AI boom. Related episodes:AI Bubble & SpaceX: What Could Happen in A Bust? | Grantham & Buffett  https://open.spotify.com/episode/48X5eRowgV9GCTCnwabg5OWhat Could Burst The AI Bubble? | Dalio & Buffett https://open.spotify.com/episode/52CTuh6TmX3MzoDsDDArRSReferenced video: The Market's Biggest Warning Signs Right Now with Todd Sohn  | Steve Eisman https://youtu.be/mQXXlrL13GsDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down what prominent investor Ray Dalio recently said about the AI bubble, and what he thinks could burst that market bubble. We also look at what legendary investor Warren Buffett said about why he sold Taiwan Semiconductor stock, and how that relates to the AI bubble. Related episodes:AI Bubble & SpaceX: What Could Happen in A Bust? | Grantham & Buffett  https://open.spotify.com/episode/48X5eRowgV9GCTCnwabg5OSpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlDangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnReferenced videos: AI Bubble Will Burst Eventually Says Bridgewater's Ray Dalio https://youtu.be/WZ7mmTrSgxIWarren Buffett on TSMC: There's nobody in their league in the chip business https://youtu.be/WZ7mmTrSgxIDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how longtime investor Jeremy Grantham asserts that there is a massive stock market bubble, currently being fueled by the excitement around AI, and including Elon Musk's SpaceX. All-time great investor Warren Buffett also implies the current US stock market is expensive, and that a lot of people are gambling rather than investing. Related episodes:SpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlLegit Legendary Investor: AI ‘Has Characteristics of A Bubble' https://open.spotify.com/episode/3SE2qLmTlx0Bph1VMFKxDhDangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnReferenced videos: Billionaire's WARNING: I'm SELLING. The Crash Is Already Here! https://youtu.be/32u5T6lO8qk?si=kdmxzT2RvRv4woQVWatch CNBC's full interview with Berkshire Hathaway Chair Warren Buffett https://youtu.be/QQOWQcnNmr0 Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how Elon Musk is angry at Democrat Ro Khanna, and Jennifer Welch from the I've Had It Podcast, and threatening to sue Khonna over wanting to officially question Elon about some potentially illegal actions DOGE made under Elon's control. Related episodes:It's Official: Elon Musk Must Face DOGE 'Power Overreach' Lawsuit https://open.spotify.com/episode/6Dz4yUMtrfu5zB0k5ZmOObElon Musk's DOGE Goons Under Fire: Data Theft, Depositions, Lawsuits https://open.spotify.com/episode/0EHpoXM8mnXw8gI5FUKpbOReferenced videos:NEW BOMBSHELL Probe Into EPSTEIN Activities Has MAGA TERRIFIED!! Billionaires DESPERATE?! https://open.spotify.com/episode/6X4Ky0Ncu0aiGxLHMfzrpwElon Musk Has STAGE 5 MELTDOWN and Threatens to SUE Dem Over ALLEGATIONS! https://open.spotify.com/episode/6ZA56maZrVUYs4bLHbq03I

John Johnston (JJ) reacts to some of a recent chat about Elon Musk, Tesla, SpaceX, and other Silicon Valley tech billionaires that journalist Gil Duran had with GWU Associate Professor Dave Karpf. Will Elon Musk's ongoing “arrogance and villainy” eventually receive “some sort of cosmic justice”?Related episodes:Is SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0SpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlReferenced video:Peter Thiel Bought a Mansion in Argentina. Here's What It Really Means https://open.spotify.com/episode/5FQL1XAQUAOXwM6eL4NYT4Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how widespread techno-pessimism has sparked a positive and burgeoning analog movement, and an offline “Summer of Ludd” festival in New York. Other offline, phone-free events have been springing-up around the world, aiming for intentional, “unplugged” human connection. Related episodes:Is Elon's SpaceX ‘Coup' About to Rob Your 401K? https://open.spotify.com/episode/0Cz8MYXopM3MAeLsAiy8EQPalantir's Descent into Fascism is Scaring its Employees https://open.spotify.com/episode/3jGJYY04I9aGgr7HHIb54VThe Revolt Against AI Data Centers is EXPLODING https://open.spotify.com/episode/2TVCeg83Gd4KlfgLooGTkk

John Johnston (JJ) breaks down how the massive amount of money that has been flooding into the AI sector could be a warning sign of things to come? Is this one of the biggest risks to the current highflying stock market, and AI-related tech stocks in particular? We look at various opinions, and some of the stocks that have made parabolic moves. Related episodes:Legit Legendary Investor: AI ‘Has Characteristics of A Bubble' https://open.spotify.com/episode/3SE2qLmTlx0Bph1VMFKxDhSpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlDangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how OpenAI's financials have just been leaked to independent journalist Ed Zitron, ahead of the planned OpenAI IPO. The audited figures reveal mounting costs and a far worse financial position than almost everyone thought.Related episodes:Dangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnLegit Legendary Investor: AI ‘Has Characteristics of A Bubble' https://open.spotify.com/episode/3SE2qLmTlx0Bph1VMFKxDhSpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how Anthropic CEO Dario Amodei seems to lack empathy and remorse in relation to his AI company's possible involvement in targeting a school during the Iran War, when discussing Anthropic's involvement with the US military. JJ also looks at the wider question of ethics within the emerging AI sector.Related episodes:Dangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnElon's SpaceX About to Unleash Wave of Fever Pitch IPOs https://open.spotify.com/episode/0cHKp7naMK9KdOud3mT9avIs SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Referenced video:Anthropic CEO's SHOCKING Response on Iranian Girl School Strike | Breaking Points https://youtu.be/SIUrshGwgDIDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how legitimately legendary investor Seth Klarman thinks today's stock market, which is currently obsessed with AI-related companies and stocks, has characteristics of a bubble. Klarman argues that even if AI is real and transformative, because of the huge uncertainty, the market should have a lower multiple.Related episodes:SpaceX & AI: “Bigger Than The Dot Com Bubble” | Jim Chanos  https://open.spotify.com/episode/0hywOjJLjvIs53nOXHQorlDangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnIs SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Referenced video:Seth Klarman: "This Is a Bubble" | The Legendary Investor's Brutal AI Warning | iConnections https://youtu.be/AbZYb11A-Hw Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) reacts to famous short-seller Jim Chanos, as he gives his vast experience-led opinions about the warming signs he sees in the current U.S. stock market, including the SpaceX and upcoming AI IPOs, and the AI data center buildout. Related episodes:Elon's SpaceX HAS TO Grow Like No Company Ever Has https://open.spotify.com/episode/0utF3Iw7k1Tmz5PDf02FfXIs SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Dangerous AI Bubble: Retail Investors Are Being Conned | Ed Zitron https://open.spotify.com/episode/5mmybdVO6Jyc8hrcjbLCvnReferenced video:"This Is Bigger Than the Dot-Com Bubble": Jim Chanos's Brutal Warning Before the SpaceX IPO https://youtu.be/MYm33zOpT0gSpaceX IPO Is Troubling Sign for Markets, Chanos Says https://youtu.be/LoLdN9Q9hwUThe IPO Frenzy Has Begun — ft. Howard Marks https://youtu.be/_LZe22xhsHcDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down what Ed Zitron is currently saying about the AI bubble he sees in financial markets, and the companies involved, including Elon Musk's SpaceX, OpenAI, and Anthropic. Zitron thinks the market situation is dangerous for retail investors in particular, and that Anthropic and OpenAI should not be allowed to IPO.Related episodes:Is SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Is Elon's SpaceX ‘Coup' About to Rob Your 401K? https://open.spotify.com/episode/0Cz8MYXopM3MAeLsAiy8EQElon's SpaceX About to Unleash Wave of Fever Pitch IPOs https://open.spotify.com/episode/0cHKp7naMK9KdOud3mT9aMentioned: JJ's Politics Unfiltered: Trump Stormed Out of THAT Interview. Here's Why He Couldn't Take It  https://open.spotify.com/episode/5eftG8wH1hxHrQtVB3Dy0PReferenced video:Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron | Bloomberg https://youtu.be/zbKDmkJPVvIDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

The Art of Value: Politics host John Johnston (JJ) breaks down part of President Donald Trump's recent combative interview where he storms out in a rage over valid questions about the Iran War and his constant election-rigging claims. Related episodes:Trump's Obsession with Autocrat Viktor Orbán Explained https://open.spotify.com/episode/0NG1RKYy85wNwWF6vDRoOYTrump's World Cup TANKING: Tourists Planning To Stay Away https://open.spotify.com/episode/6XQF3EqkPUsBfBE98RzmChReferenced videosTrump RAGE QUITS Interview: Says NEVER Promised No New Wars | Breaking Points https://youtu.be/wh0e-A5piiwTrump Completely Loses It During Bizarre NBC Interview | The Bulwark  https://youtu.be/ia3Ks_BkjUATrump's Worst Nightmare Happened On Live TV | The Bulwark https://youtu.be/T_4izAkrL9g

John Johnston (JJ) breaks down some of the popular finance media and fund manager perspectives on the SpaceX IPO, and the wave of historic IPOs that are poised to follow, including Anthropic and OpenAI. Does this mark the AI boom getting to “fever pitch” stage?Related episodes:Elon's SpaceX HAS TO Grow Like No Company Ever Has https://open.spotify.com/episode/0utF3Iw7k1Tmz5PDf02FfXIs SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Is Elon's SpaceX ‘Coup' About to Rob Your 401K? https://open.spotify.com/episode/0Cz8MYXopM3MAeLsAiy8EQReferenced videos:AI's $400 Billion Test Is About To Begin | Prof G Markets https://open.spotify.com/episode/0FuGGfeFaNdGtGTS7nVPok‘Big Short' investor Steve Eisman: I'm 'not a fan' of the upcoming SpaceX IPO | CNBC Television https://youtu.be/sL9hq7Qj1qcTom Lee: False narrative to think bull market is in trouble | CNBC Television  https://youtu.be/MJ56NoxTaYISpaceX's gravitational market pull CNBC Television https://youtu.be/PyOsEp36AOQDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down the news that Elon Musk's SpaceX will need to grow 600x in 10 years to justify the $1.75 trillion IPO target valuation, and no company has ever come close to that. JJ also looks at how Google has said it will pay SpaceX $920 million per month for AI compute capacity at xAI data centers. Also, the S&P500 has rejects SpaceX from getting early access to the index, which would've meant early access to billions from  passive investors. Related episodes:Is SpaceX Overvalued by ~$1 Trillion? (Morningstar Says So) https://open.spotify.com/episode/6luNeIb6Er8hkgOV9ySsw0Is Elon's SpaceX ‘Coup' About to Rob Your 401K? https://open.spotify.com/episode/0Cz8MYXopM3MAeLsAiy8EQSpaceX IPO is Stock Market Insanity https://open.spotify.com/episode/14U1OxBZFLY8OzdnYx5T6BDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down why the current SpaceX IPO valuation of $1.75 trillion is being challenged by Morningstar, which says SpaceX is being “significantly overvalued”. A Morningstar analyst thinks the space and AI company is worth less than half of that. Related episodes:Is Elon's SpaceX ‘Coup' About to Rob Your 401K? https://open.spotify.com/episode/0Cz8MYXopM3MAeLsAiy8EQSpaceX IPO is Stock Market Insanity https://open.spotify.com/episode/14U1OxBZFLY8OzdnYx5T6BDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how some investment and financial experts are sounding the alarm over Elon Musk's SpaceX IPO “coup” that could force retirement funds to buy unprofitable SpaceX soon after the SpaceXf IPO, due to a significant rule change that is happening for SpaceX first.Related episodes:SpaceX IPO is Stock Market Insanity https://open.spotify.com/episode/14U1OxBZFLY8OzdnYx5T6BSpaceX IPO Valuation Hype: Elon's Ultimate Reality Distortion? https://open.spotify.com/episode/68NedN7wmQLZtPkDmukIEb#SpaceXIPO #ElonMusk #StockMarket #401k #IndexFunds #Investing #SpaceX #ETFs #PassiveInvesting #FinanceNews  Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

John Johnston (JJ) breaks down how the upcoming SpaceX IPO could be close to peak stock market AI bubble insanity, from a number of perspectives. JJ references the recent SpaceX pre-IPO S-1 filing, and a possible merger with Tesla, and what various analysts are saying.Related episodes:SpaceX IPO: Elon Musk is Preying on His ‘Elon-gelicals' https://open.spotify.com/episode/2r60g5D3LjueQ1dMChFVkcSpaceX IPO Valuation Hype: Elon's Ultimate Reality Distortion? https://open.spotify.com/episode/68NedN7wmQLZtPkDmukIEbElon's SpaceX $1.75T IPO: ‘Lottery Ticket With Better Branding' https://open.spotify.com/episode/6cfQKCpmzocEleD5PDjJxaReferenced video:The Most Unprofitable IPO in Wall Street History https://open.spotify.com/episode/2oO4hwhvzMisicAT3AJI6D?si=a39d9e95beff4f8f We Uncovered a Hidden Wealth Transfer in the SpaceX IPO. You're Holding the Bag. | More Perfect Union https://youtu.be/sYA-z0Y8WRQDisclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

The Art of Value: Politics host JJ breaks down how traditional Western allies have been increasingly pulling away from working closely with the Trump administration, and finding ways to strengthen alliances between each other, especially between Canada and Europe. Canada is acting increasingly like the EU's 28th member state, rather than a 51st state of the US.Related episodes:Trump's World Cup TANKING: Tourists Planning To Stay Away https://open.spotify.com/episode/6XQF3EqkPUsBfBE98RzmChTrump's Obsession with Autocrat Viktor Orbán Explained https://open.spotify.com/episode/0NG1RKYy85wNwWF6vDRoOYRelated videos:Canada Joins Europe, DITCHES USA - Bloomberg: "EU's 28th Member State" | House of Elhttps://youtu.be/7pJDTXfNupoTrump in PANIC After Merz Says DON'T Go to America - "Would Not Advise My Children" | House of Elhttps://youtu.be/6vYbwCfBtTo