🎧 Can Gemini 1.5 Pro Beat Our Best Stock Trade?

Can Gemini 1.5 Pro Beat Our Best Stock Trade?

I sit down with investor Jesse Beyroutey to try to find the next Nvidia—with AI

March 1, 2024

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TL;DR: Today we’re releasing a new episode of our podcast How Do You Use ChatGPT? I go in depth with Jesse Beyroutey, managing partner at $600 million venture capital fund IA Ventures, on using Gemini Pro 1.5 and ChatGPT to find great investments. As we talk, we invest $1,000 in a stock we choose with AI. Watch on X or YouTube, or listen on Spotify or Apple Podcasts.

I made the greatest trade of my life with Jesse Beyroutey in 2019. We bought Nvidia shares when they were trading at $33, and they’re worth nearly $800 today.

In this episode, Jesse and I try to top that by making a real $1,000 investment live on the show—with Gemini Pro 1.5’s incredible 1 million token context window.

Jesse Beyroutey is a managing partner at IA Ventures, a $600 million seed and early-stage venture fund with investments in public companies like Wise and DigitalOcean. He’s also a very close friend and one of the smartest people I know.

While making the Nvidia trade, Jesse and I believed that the company’s stock price was temporarily down because of the U.S.-China trade war, and from a long-term perspective, Nvidia was in a strong position because of its proprietary GPU architecture. We also thought that Nvidia’s market was likely to grow as machine learning and gaming increased the need for high-powered CPUs and computers.

In this interview, Jesse and I give ourselves 90 minutes to try to make an even better investment using the power of Gemini Pro 1.5 and ChatGPT. Our investment thesis is to find a company with strong potential that is trading down for temporary reasons.

To get us started, Jesse uses stock analytics platform TradingView and applies filters to surface underperforming public companies that have been relatively stable in the past few years, with a market cap of $2–100 billion and a positive gross profit. I opened an account on investment platform Robinhood and put in $1,000 as our principal.

This is not investment advice, but it’s a must-watch for anyone who wants to leverage the power of AI to make smarter financial decisions. Here’s a taste: