About this episode
Douglas Boneparth is the President of Bone Fide Wealth and one of the most influential financial advisors in the country. He joined Phil Rosen to discuss the AI trade, the latest tech sell-off, mining bitcoin in 2013, and his new book, "Money Together." Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ Watch on YouTube: https://youtu.be/MV-Y4JStuKY TIMESTAMPS: 0:00 - Intro 0:32 - Falling tech stocks 2:10 - Is the bubble popping? 4:40 - AI-fueled productivity 6:34 - AI circular financing 8:29 - Outdated valuation metrics 10:34 - Hidden risks in the market 13:29 - Clients navigating volatility 17:12 - Boring investments 20:36 - Bitcoin mining in 2013 25:19 - Bitcoin allocations 26:49 - New book, "Money Together" 33:12 - Follow Doug online #podcast #investing #markets #macro #stocks #bitcoin #fed