About this episode

Carson Block discusses the potential impact of AI on the job market and its implications for the stock market.

My guest today is Carson Block, founder of Muddy Waters Research & Muddy Waters Capital and one of the last short sellers still standing. In today’s episode, Carson Block explains why he thinks AI could displace 15% of knowledge workers and unwind the market’s biggest stocks. He breaks down his short of SoFi’s aggressive loan accounting, why record-tight credit spreads worry him, and how he trades that risk with put spreads.  To close, Carson explains why he still calls China uninvestable and recounts his hardest battles. (0:00) Starts (1:02) Carson Block on the evolution of short selling (3:03) The impact of AI on jobs, economy, and markets (9:43) Evolving Muddy Waters' business model beyond short-selling (13:32) Investing in momentum and junior gold miners (17:52) Navigating markets amid AI disruption and labor market impact (25:21) Thoughts on historically low corporate yield spreads (30:25) Carson's short call on SoFi (38:10) Carson's most memorable investment ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea…

People in this episode

Host: Meb Faber

Guest: Carson Block

Topics covered

• short selling
• AI impact on jobs
• market analysis
• credit spreads
• China investment
• investment strategies

Mentioned in this episode

Organizations: Muddy Waters Research, Muddy Waters Capital, SoFi, Cambrian Investments

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