DOT.COM TO AI EXAM #1

Jerome Powell

- current fed chairman

Benjamin Graham

- father of Value investing - his school of value investing (Warren Buffet & Charlie Monk went to that school)

David Dodd

- father of value investing - worked with Graham

Credit Cycle (Minsky)

Displacement Boom Euphoria Revulsion Panic/crisis

Charles Kindleberger

Wrote the book Manias Panics and Crashes. Also an Economics professor/economic historian, one of the leading architects of the Marshall plan, key adviser post war on german reparations, served in OSS, died in 2002 at age 92. Book so popular that Wiley brought in a co-author to bring the book up to date with a new edition. He helped popularize Minsky...

Hyman Minsky

- "post-Keynesian" economics professor / monetary theorist who in the 1960s and 1970s warned that the world of finance was inherently unstable. - said that financial world was unstable

Henry Blodget

- Blodget slapped a $400 price put on Amazon and he was right about that - He also got ejected from securities industry for saying good things about a stock but bashing that stock on private email

Satya Nadella

- CEO of Microsoft

Sam Altman

- CEO of Open AI - Secretive, perfectionist personality - Left Open AI Nov 2023, went to Microsoft, then came back with the board offering more money because Open AI wasn't working without him

Elon Musk

- CEO of X and Tesla - Controversial personality - Bought X "just to buy it"

Abby Cohen

- Disagreed with Greenspan, said that the exuberance was rational

Alan Greenspan

- Federal Reserve Board chairman whose firm and astute leadership helped American business and industry witness record profits as the twentieth century came to a close. - Speech he gave on American Enterprise Institute, warned us about national exuberance in markets, longest Fed chair in history

Jamie Dimon

- JP Morgan pro AI, says that AI can apply to every process - Says AI will be equivalent to electricity, printing press, etc - It will affect human capital the most so re-skilling needs to happen in Corporate America

Jensen Huang

- NVIDIA CEO - Laid back, leather jacket - If could could re-do it, he wouldn't have done it - 50 people that report to him and an open office, different view on decision making -

Tim Cook

- New CEO of apple - Friendly, outgoing, focused

Steve Jobs

- Perfectionist, intense personality - Similar to Sam Altman (both got kicked out) - Helped Apple out of the dot.com bubble - was very driven to fix it and not hurt it too much

Mary Meeker

- The "buy buy buy" phenomenon - Complaint alleges that she made biased recommendations for Amazon in order to increase her profit-based salary, estimated at $15 million

Jim Cramer

Former hedge fund manager, columnist and author as well as host of CNBC's "Mad Money" and CBS radio's "Real Money". Cramer's claim to fame is his bombastic and 'in your face' behavior in which he gives recommendations and analysis on featured and viewer-suggested stocks. Jim Cramer is also one of the founders of TheStreet.com, a popular financial website. I: Although Cramer does give his opinion on the investment value of any given stock, he prefers that his viewers go out and conduct their own research on the underlying businesses before buying stocks. However, many of Cramer's viewers do go and purchase stocks just because he recommended them. This effect is so prominent that the price of a stock can actually go up significantly for a couple of days after his recommendation, due to the increased buying pressure.Critics often point out that Cramer can be very fickle in his investment outlook, because he appears to frequently flip-flop from a bullish position to a bearish position to reflect the market's current sentiment.

Robert Shiller

Predicted dot.com bubble and also the housing bubble