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On The Tape

Dan Benton's Rules For Tech Investing In 2025

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 9 May 2025

⏱️ 63 minutes

🧾️ Download transcript

Summary

Dan Nathan and Dan Benton discuss tech investing on the RiskReversal Podcast. Benton, CEO at Benton Capital Management and a legendary former technology analyst at Goldman Sachs, shares his experiences from the 90s to the present. They delve into his famous '20 investing rules' for technology, the secular shift towards the internet, and valuation principles. Key conversations include the evolution of major tech companies like Apple, Microsoft, and Google, their strategies, management styles, and the broader implications of AI and AR/VR. They also discuss future prospects for companies like Nvidia and Tesla, touching on SpaceX's potential impact. The discussion highlights the importance of innovation, management quality, and strategic foresight in tech investing. Dan's Rules For Tech Investing —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Transcript

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1:22.6

All right, welcome to the Risk Reversal podcast.

1:25.4

I'm Dan Nathan.

1:26.1

I am joined by a friend of mine named Dan

1:28.0

at Benton Capital Management. You're so much more than that, Dan. Welcome back to the pod.

1:33.3

Thank you, Dan. It's always pleasure to be you. All right. I got to give a little backdrop here.

1:36.9

So you were last on the pod in November of 2022. And we're going to talk a little bit about why that was such an interesting period. And you and I were doing a lot of tech talk back then.

1:47.0

But I just want to give the listener, if you weren't listening to the pod back then,

1:49.7

and maybe you're a little younger than me.

1:52.4

Dan was a legendary.

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