Billionaire's WARNING: I'm SELLING. The Crash Is Already Here!

About this episode

The man who predicted the dot-com crash and the 2007 housing collapse warns that the AI bubble is the biggest in American history. Billionaire investor Jeremy Grantham reveals why it will burst, the exact strategy to protect your money, and why house prices need to fall 30%.  Jeremy Grantham is the co-founder of GMO, an institutional investment firm in Boston, and serves as the firm’s long-term investment strategist. He is also the chairman of the Grantham Foundation For the Preservation of the Environment, and co-author of “The Making of a Permabear: The Perils of Long-term Investing in a Short-term World”. Jeremy Grantham's comments are all his personal opinions and not the opinions of GMO. He explains:  ◼ Why Wall Street will never warn you when to get out of the market, and what to do instead ◼ The exact portfolio Jeremy recommends to protect your money before the crash ◼ What everyday chemicals in your food and cosmetics are doing to your fertility ◼ Why house prices need to fall 30%, and what it means for your finances ◼ Why the AI boom won't automatically lead to higher profits, and what to buy instead Chapters 00:00:00 Who Is Jeremy Grantham? 00:02:34 Will AI Become The Next Financial Bubble? 00:06:38 How Jeremy Grantham Built An Investing Empire 00:07:45 The Most Money He's Ever Managed 00:08:09 Are You A Billionaire? 00:08:58 What Happens When The AI Bubble Bursts? 00:11:15 How AI Will Change Everyday Life 00:12:33 The Investing Strategy For Right Now 00:17:52 Why You Should Avoid US Stocks 00:19:54 Why Investment Advisors Mislead Clients 00:25:32 Advice For Entrepreneurs Right Now 00:28:22 The Real Risks Of AI 00:29:21 Should AI Have A Maternal Instinct? 00:34:06 What Happens If AI Lacks Benevolence? 00:35:44 The Battle Between The Magnificent 7 00:39:10 Ads 00:41:19 Which Jobs AI Will Replace First 00:43:41 Will SpaceX Eventually Fail? 00:49:52 Should You Invest In SpaceX? 00:50:02 The Most Valuable Skill For The Future 00:51:04 Is Society Declining And What Comes Next? 00:53:25 What History Says About Wealth Inequality 00:55:58 Should The Rich Pay More Tax? 00:57:21 How To Build Wealth In Your 30s Today 00:59:31 How To Invest Your Salary Wisely 01:02:20 Should You Own Crypto? 01:03:14 Will Bitcoin Eventually Go To Zero? 01:03:27 Is Property Still A Good Investment? 01:04:37 Ads 01:06:50 What's Really Causing The Baby Bust? 01:10:50 When Could Sperm Counts Reach Zero? 01:13:47 How Microplastics Affect Fertility 01:16:04 How Pesticides Impact Fertility 01:21:05 How To Reduce Toxic Chemical Exposure 01:22:16 Why US Products Are More Toxic 01:26:52 How To Stay Healthy In A Toxic World 01:33:17 The Most Important Thing We Missed 01:34:57 Should You Move Countries Right Now? 01:35:18 The Flaw That Destroys Societies 01:38:44 The Best Places To Live Today 01:40:02 What Would You Do If Failure Was Impossible? You can purchase ‘The Making of a Permabear: The Perils of Long-term Investing in a Short-term World’, here: https://link.thediaryofaceo.com/8zyh6RB  The Diary Of A CEO: ◼ Join DOAC circle here - https://doaccircle.com/  ◼ Buy The Diary Of A CEO book here - https://smarturl.it/DOACbook  ◼ The 1% Diary is back - limited time only: https://bit.ly/3YFbJbt  ◼ The Diary Of A CEO Conversation Cards: https://linkly.link/2hm7r  ◼ Get email updates - https://bit.ly/diary-of-a-ceo-yt  ◼ Follow Steven - https://g2ul0.app.link/gnGqL4IsKKb  Sponsors: Stan - Visit https://coach.stan.store/?ref=stevenbartlett&utm_source=youtube&utm_medium=podcast&utm_campaign=episode11 Pipedrive - https://pipedrive.com/CEO HeyGen - https://heygen.com/doac