How to Invest in an AI-Disrupted Market | Ask Me Anything with Jonathan Wellum

Markets look strong, but history shows even great businesses can fall 50–60% when valuations reset. In this conversation, Jonathan Wellum of Rocklinc Investment Partners joins Maggie Lake to explain why investors shouldn’t fool themselves about risk, especially as AI begins to disrupt business models across the economy.

Jonathan breaks down how value investors should focus on the playing field—what’s actually happening inside a business—rather than the short-term scoreboard of stock prices. He explains what real economic moats look like in the AI era, what matters in a business more than hype, and how to think about energy, electrification, and data center growth without betting on pure AI plays.

The conversation also covers today’s stretched market valuations, why you should hold cash and hedges, why tariff risks may already be priced in, and why the structural drivers behind gold remain intact in a world of rising debt.

Risk always hides in the details. Get a free portfolio review from Jonathan and the Rocklinc team here and see how exposed you really are: https://bit.ly/4aG9fi8

Get To Know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g

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