August 14, 2026 - Zach and Chase discuss why some of the most interesting investment opportunities may be hiding outside today&#x27;s most crowded trades. They explore the enormous demographic shift created by an aging population, second- and third-order effects from GLP-1 drugs, healthcare and medical technology, and why powerful macro trends can matter more than chasing whatever is currently making headlines. They also discuss weakening retail sales, historically low volatility, Bill Ackman&#x27;s latest portfolio move, and the concentration risk created by OpenAI and Anthropic&#x27;s enormous role in the AI spending ecosystem.

The Biggest Investment Opportunity May Be the One You're Ignoring

Know Your Risk Podcast

I think it's really important in these times when one macro theme is really driving everything to remember, hold on, go look at the other macro themes that we know about, go look at these other issues because they're going to benefit from a lot of the stuff that we've been talking about, which is, you know, we all look at the stocks going parabolic, we forget about where that capital is coming and the fact that it's probably creating really cheap opportunities on the other side.

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And we are back with another edition of the Daily Dots and I am joined as always by the Brain Trust himself, Mr. Chase Taylor. Hey Cyrus, knock it. I'm just kidding you. That was a one-time special. So if you guys listened to the podcast yesterday, you saw some parenting in action. And I thought that was going to get edited out because Chase wrote down the edit times.

The Biggest Investment Opportunity May Be the One You're Ignoring

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Biggest Investment Opportunity May Be the One You're Ignoring

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.