Show notes
Shane is joined by BKFi tax manager Tiffini Parker for a jam-packed half episode covering AI compute markets, Stripe's singularity announcement, wealth management's cash hoarding problem, South Korean dating culture, and a Reddit question that every financial advisor will have opinions about. They kick off with AI computing power becoming a tradable futures contract at the CME, what that actually means for transparency in the compute market, and why Stripe buried a four-page memo about the singularity inside an acquisition announcement. Then it's on to the Wall Street Journal's $3 trillion problem — why investors are keeping too much cash in money market funds and why advisors can't seem to convince them otherwise. They also cover the dating scene in South Korea, being completely overtaken by Samsung chip engineers and what massive AI-era bonuses are doing to the marriage market, Spirit Airlines' flight attendant data privacy fight against Google's bankruptcy bid, and close with a Reddit question from a $17 million net worth individual who sold his company and wants to know if he should hire a financial advisor. Shane and Tiffini have thoughts. Topics covered: AI computing power becomes a tradable futures contract at the CME Stripe says the singularity has started and acquired OpenRouter for billions Wealth management's $3 trillion cash hoarding problem and why advisors are losing the battle Investment-grade bonds, munis, and what advisors are actually recommending South Korea's dating scene is now dominated by Samsung chip engineers Spirit Airlines flight attendants fight to keep their data out of Google's bankruptcy bid Reddit: $17 million net worth, recent company sale, should I hire a financial advisor? Timestamps: 00:00 Intro, welcome back, Tiffini Parker 02:30 AI computing power is now a tradable futures contract at the CME 05:30 Stripe says the singularity has started and acquired OpenRouter for billions 09:00 Stripe's valuation, the potential PayPal acquisition, and why it built for AI by accident 12:00 Wealth management's $3 trillion cash hoarding problem 15:00 Why investors don't trust advisors and what it would take to change that 17:30 South Korea's dating scene is now dominated by Samsung chip engineers 21:30 Spirit Airlines flight attendants fight to keep their data out of Google's bankruptcy bid 26:00 Reddit: $17 million net worth, should I hire a financial advisor? 30:00 Why 50 bps is probably worth it and what this person actually needs 🔔 Subscribe to The Liquidity Event on YouTube: YouTube Channel 🌐 Learn more about Brooklyn FI financial planning: brooklynfi.com ✍️ Leave us a voicemail question for a future episode: memo.fm/theliquidityevent 📱 Follow Brooklyn FI: LinkedIn: / brooklyn-fi Instagram: / brooklyn_f.i