Banks flag a housing slowdown, AI won’t pick your stocks & Ren’s portfolio reviewed
Summary
Hosts Bryce and Ren analyze Australia’s softening housing market, noting falling loan applications but strong bank profits, and discuss the diamond industry’s collapse due to cheap lab-grown alternatives. They answer a listener question on using AI for stock research, emphasizing its utility for stress-testing theses rather than generating ideas. Finally, they review AI assessments of their portfolios, highlighting successes in Alphabet and Axon while debating a broken thesis for Hims & Hers Health.
Topics discussed
Intro, Lendus and BetaShares sponsorships
Community callout: Help for colleague locked out of Meta
Housing market: Loan applications drop, prices soften, banks profit
Diamond market crash: Lab-grown vs natural diamonds
Q&A: Using AI in stock research and thesis building
Vanta and Range Rover sponsorships
Portfolio review: AI analysis of Axon, Alphabet, Hims, ProMedius
Outro, disclaimers, and Liquid IV ad
Listen ad-free on Castria