Today Jack is joined by an anonymous trader known only by their Twitter handle @Citrini7, who has the absolute “hottest hand” when it comes to picking Artificial Intelligence (AI) stocks. Citrini is very optimistic about the boost that the adoption of AI will provide to semiconductor companies, data service providers, and optical fiber companies, and he describes in depth some of the stocks from his AI basket he thinks are most poised to benefit, which in aggregate are up ~50% this year. Quoting George Soros’ saying that, “when I see a bubble, I rush in to buy it,” Citrini thinks AI might prove to be a bubble, but that if it is a bubble, it is in the early stages. Filmed on June 2, 2023. Follow Citrini7 on Twitter https://twitter.com/Citrini7 Citrini Substack https://citrini.substack.com/ Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ ____ Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ ____ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos ____ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. Timestamps: 00:00 Intro 03:51 Is Artificial Intelligence (AI) Already A Bubble? 28:21 The Lipstick Effect 32:50 How Can These Rich Valuations Be Justified? 41:57 Permissionless 42:34 The Losers of The Rise of Artificial Intelligence 50:43 Blockworks Research