Profiting from the "Most Revolutionary Companies in the World": #Tesla, #Apple, #Nvidia, and More
Cody thinks Tesla COULD be worth $28 TRILLION by 2040 if current and future investments and technological initiatives pan out. He also thinks many private companies at the forefront of the Artificial Intelligence (AI) and robotics revolutions today could be the next big winners.
Premiered Apr 4, 2024
Cody Willard is a hedge fund manager, former Fox Business anchor, and publisher of TradingWithCody.com. In this interview, Cody explains that his goal is to invest in the "most revolutionary companies in the world" – BEFORE they become trillion-dollar behemoths that everyone owns. He recounts why and how he has invested in Alphabet since its IPO, Apple since 2003, Nvidia since 2016, and more, as well as which technology firms hold the most promise today.
Partial Transcript:
But for people who may not know what you do or what you've done, can you briefly talk about what you're up to now and a little bit about your background?
Sure. So, I'll start with the background. I'm actually born and raised in rural New Mexico. I lived in New York for 15 years. I am back in rural New Mexico, although I run a hedge fund that is technically based in New York. You mentioned before we hopped on here that you've been reading me since TheStreet.com days. I wrote for Jim Cramer from the year 2000 until 2007, when I left to become an anchor on Fox Business. I ran a hedge fund from 2002 to 2007 and closed it down to go to Fox, and I had a show on Fox Business called Happy Hour. We ran it from the Bull and Bear Bar at the Waldorf Astoria in midtown Manhattan and I got to interview, you know, everyone from L.L. Cool J to Ron Paul.
Yeah, yeah, yeah. I got to be good friends with Bob Weir from the Grateful Dead. And Larry Kudlow, I was his sidekick. So I like to, you know, try to be as balanced as I can. Despite having been on Fox, I am proudly anti-Republican and anti-Democrat. I believe the Republican-Democrat regime is a problem in our country. And eventually, hopefully, we can, you know, sort of change the system somehow and not have a two-party system.
But in any event, then for the last five years, I've been running a hedge fund again. I started a hedge fund in 2019. And the idea behind my stock picking and in the hedge fund and everything is ,I want to buy the most revolutionary companies in the world.
I don't want just the companies that are innovating. I don't want companies that are cool, trendy, whatever. I want companies like Apple. I've owned Apple since 2003 and I still own it. Google, I owned since the day it came public. Facebook. I've also been in Bitcoin since 2013 and Nvidia since 2016. These are the trillion-dollar businesses that I hope and try to find before they're mainstream.
And that's the idea. We still do this today. Our biggest position right now, unfortunately today, is Tesla. But I've been in Tesla since it was at $17 a share, I still own it, and we might buy some more here if it'll get down to the $150s today.
