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Micorsofts NEW AI Tool + Charlie Munger's opinion on the stock market

Read all about Microsofts NEW AI partnership

Microsoft unveils NEW AI tools

Microsoft and Siemens have partnered to introduce Siemens Industrial Copilot, a powerful AI assistant that enhances human-machine collaboration in manufacturing. This tool streamlines automation code generation and debugging, reducing simulation times from weeks to minutes.

It integrates with Microsoft Teams, simplifying virtual collaboration across various teams and empowering professionals with AI tools. Satya Nadella and Siemens CEO Roland Busch highlight the potential for innovation in the industrial sector. The collaboration envisions AI copilots playing a key role in manufacturing, infrastructure, transportation, and healthcare.

Additionally, Teamcenter for Microsoft Teams, utilizing generative AI, facilitates virtual collaboration and allows more workers to contribute to product design and manufacturing. This collaboration showcases how AI can transform traditional workflows and drive global innovation in various industries.

Charlie Munger says there’s not much ‘low-hanging fruit left’ as he discusses Apple, Costco vs. Walmart, and EVs

Investment guru Charlie Munger shared insights during a recent podcast interview at his Los Angeles home. He emphasized the challenges of finding good investments in today's markets and discussed Berkshire Hathaway's bets on companies like Costco and Apple. Munger noted the dwindling opportunities for easy investments, stating that "low-hanging fruit" is scarce. He also mentioned the concentration of Big Tech companies in the market and attributed it to natural competition and venture capital trends. Munger advised betting heavily when you have an edge.

Munger praised Costco for its unique approach and criticized Walmart for being too wedded to its existing ideas. He expressed optimism about Costco's future but noted that it's becoming increasingly challenging to invest in the company at current prices. Munger also discussed the electric vehicle industry, highlighting the exceptional capabilities of BYD's chairman, whom he credited with innovation and problem-solving skills.

He mentioned his aversion to "style companies" but praised luxury brands like Hermès for their trusted brands. Munger touched on Berkshire's investments in Japanese trading companies and the favorable interest rates in Japan that made it a lucrative opportunity. However, he emphasized the need for patience when building such stakes.

Munger expressed skepticism about venture capital, comparing it to gambling and criticizing the speed of decision-making in hot deals. He also mentioned concerns about some venture capitalists taking advantage of investors. Finally, Munger shared his positive outlook on China's economy, citing the strength and affordability of leading Chinese companies.

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