meta_pixel
Tapesearch Logo
Log in
Talking Real Money - Investing Talk

Saving Investors

Talking Real Money - Investing Talk

Don McDonald

Business, Investing, Education, How To

4.5811 Ratings

🗓️ 1 August 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

With Don out, Tom Cock and advisor Roxy Butner tackle the increasingly hot question: should you trust a human or a machine with your money? They dig into two recent studies—one showing AI beating most fund managers, and another suggesting no long-term winner at all. Listener questions range from DIY ETF portfolios and Roth IRA conversion pitfalls to a wildly complex $2.5M retirement scenario involving crypto, precious metals, and a self-directed IRA full of land. Tom and Roxy break it all dow...

Transcript

Click on a timestamp to play from that location

0:00.0

Reality Radio for a really great future. We're talking real money.

0:10.1

Hey there. Thanks for joining us on Talking Real Money. Tom Cock here, Don McDonald with

0:14.4

the day off. Roxy joining us here on the show. We'll talk with her in just a moment.

0:19.3

But first, there's a fairly famous line

0:22.2

from one of the early Star Wars movies where Obi-Wan says, talking about Darth Vader,

0:28.7

more machine than man. I always like that line. In fact, I saw a friend over the weekend who's had

0:33.7

like 11 surgeries or something, and he's a great athlete. This is one of these guys really good. And I use a line, I'm like, you're more machine than me. He thought it was funny. I think it's funny. But, okay, but when it comes to your money, I'm going to ask you right now, would you rather have a machine picking stocks or would you rather have a human being picking stock? Which would be better? I think a combo.

0:54.6

I didn't I didn't prep her on this either, by the way. I think a combo, right? Use the technology

0:58.8

available, but always, you know. But who would do better? And who do you think would be the better

1:02.5

stock picker? The better investment manager? Would it be artificial intelligence or would it be

1:08.8

human beings? It depends who's creating the artificial intelligence code.

1:14.0

That's what I was thinking too.

1:16.0

But okay, so there's a couple of things recently.

1:18.0

I just want to talk about briefly before we get to the questions.

1:20.3

And thank you for your questions.

1:21.8

You go to talking real money.com and ask us questions there.

1:26.0

There's two fascinating. There's a new study out. There's two fascinating.

1:27.9

There's a new study out.

1:30.2

Stanford's Terminator AI just beat 93% of the human fund managers using just public

1:36.9

data.

1:37.3

In other words, anything that was out there, they built a bot.

1:41.7

It retro tested more than 3,300 mutual fund portfolios from 1990 to 2020 and outperform

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Don McDonald, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Don McDonald and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.