Talking Real Money - Investing Talk
Talking Real Money - Investing Talk
Don McDonald
The Great and Powerful AI
34 minutes Posted May 19, 2026 at 4:00 pm.
The financial advice industry is threatened by AI
Exploring AI's Role in Financial Advice
Insights from Professor Lowe on AI
Creating Your Own Financial Plan
Major Categories of Retirement Planning
Listener Questions and Answers
Cash Management Strategies in Investing
Wrapping Up: Final Thoughts and Advice
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34:22
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Show notes
Tom and Don explore whether artificial intelligence is truly ready to replace financial advisors, sparked by a recent Wall Street Journal experiment using ChatGPT to build a long-term investment portfolio. They break down the AI-generated recommendations, highlighting both the surprisingly sensible use of low-cost index funds and the concerning inconsistencies, recency bias, and lack of academic factor tilts. Along the way, they discuss whether AI gives investors what they need or simply what...