Perplexity’s Fourth Funding Round + Lessons From Boeing in Long-Term Thinking
Prof G Markets
Key Insights
Why are Boeing workers on strike?
Main sticking point is the difference between a traditional pension plan and an individual retirement plan.
Why is Boeing's stock a potential buy despite recent losses?
Boeing has a $500 billion backlog, is in a duopoly, and has strong brand and customer relationships.
Why is Perplexity AI raising funds for the fourth time this year?
They are in an arms race with other AI companies, requiring significant spending on compute and staffing.
Why is Ed not bullish on Perplexity AI?
Perplexity is competing with Google, which has massive capital and is the dominant search engine.
Why is Tesla's stock price rising despite slower growth?
Tesla's revenue mix includes higher margin products like storage batteries and services, improving margins.
Why is McDonald's stock affected by the E. coli outbreak?
Investors are concerned about potential long-term impact, though food industry outbreaks are common.
Why is Shein's growth decelerating?
Profit declined 70% in the first half of the year, and revenue growth slowed to 23%.
Why is housing sales in the US declining?
High home prices relative to income and supply issues are making housing less attractive.
Why is Ed optimistic about Shein despite ethical concerns?
Shein is growing 23%, which is faster than competitors like Amazon, Zara, and H&M.
Why is Scott bullish on Boeing despite recent issues?
Boeing is in a duopoly, has a large backlog, and is essential for global commerce.
Chapters
- Existing home sales are at their lowest level since 2010.
- Housing affordability is a significant issue, with home prices relative to income being historically high.
- Government subsidies and regulatory changes are proposed to stimulate housing construction.
Shownotes Transcript