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Podcast: Money Life with Chuck Jaffe
Episode: Glenview's Stone: Long-term investors should be looking for buys
Description: With the market melting down Monday and suffering its worst loss in over two years, Bill Stone, chief investment officer at Glenview Trust, says that wary investors are justifiably nervous, but they shouldn't be distracted from their long-term goals, which means staying diversified and invested and looking for opportunities. Stone does warn that the well-publicized opportunities in artificial intelligence may be a bit overblown now; while he believes AI technology will reshape industry and deliver on its enormous potential, he thinks the market has gotten ahead of itself in terms of valuing AI plays. That sentiment is shared by...