In a wide-ranging discussion, Investment Managers Des Armstrong and Alan Edington debate the ongoing concentration of US markets, Japan’s impressive start to the year as well as trips to Denmark and LA to meet with, amongst others, healthcare, entertainment and medtech businesses. AI was the recurring theme throughout the discussion albeit there are question marks around how and, crucially, when this technology reaches meaningful scale.
Key Takeaways
- The latest AI excitement has largely been driven by the hardware players so now we need to see whether the software matches up to markets’ lofty expectations.
- It’s more than monetary policy normalisation fuelling excitement in Japan. Corporate governance reform is adding to the appeal.
- Visiting Novo Nordisk in Denmark, it’s clear that the company’s GLP-1 drugs have the potential to treat more patients in a wider range of settings over time.
- Meeting with Disney and others in LA, audiences seem more willing to tolerate advertising on streaming services than expected, improving the profitability picture for providers.
- In a neat example of AI in practice, Intuitive Surgical’s new da Vinci 5 robot will leverage data captured over the last 20 years to improve procedures for patients.
Important Information
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Stock Examples
The information provided in this podcast and transcript relating to stock examples should not be considered a recommendation to buy or sell any particular security. Any examples discussed are given in the context of the theme being explored.
