29 min
Harnessing disruption and innovation in 2024 – Mark Schmehl FidelityConnects
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- Inversiones
Today we welcome long-time Fidelity investor Mark Schmehl to the show. Mark talks about opportunities he’s seeing in technology and AI and what other disruptive trends he’s seeing in the market landscape right now. Mark says his focus is on AI solutions. He says AI solutions are changing the fundamental ways that companies do business. He adds that companies must spend, otherwise, they will be wiped out by competitors that make use of AI. He gives India as an example. On a recent trip there, Mark talks about one company using AI to elevate cosmetics and help sell and market beauty products. Mark is not looking at marco themes or rate cuts and doesn’t believe it’s going to happen. His focus is different, as he puts it - looking “at the best stories in the market.” He emphasizes that his sell discipline has not changed. Mark says he likes to own “winners” , likes to bet large from an allocation basis, and likes to sell things when he gets it wrong. He says he’s talking to CEOs all the time and being based out of San Francisco gets him access to so much information and data, which allows him to paint a picture ultimately resulting in strong investment decisions.
Recorded on April 30, 2024.
At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.For the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.
Today we welcome long-time Fidelity investor Mark Schmehl to the show. Mark talks about opportunities he’s seeing in technology and AI and what other disruptive trends he’s seeing in the market landscape right now. Mark says his focus is on AI solutions. He says AI solutions are changing the fundamental ways that companies do business. He adds that companies must spend, otherwise, they will be wiped out by competitors that make use of AI. He gives India as an example. On a recent trip there, Mark talks about one company using AI to elevate cosmetics and help sell and market beauty products. Mark is not looking at marco themes or rate cuts and doesn’t believe it’s going to happen. His focus is different, as he puts it - looking “at the best stories in the market.” He emphasizes that his sell discipline has not changed. Mark says he likes to own “winners” , likes to bet large from an allocation basis, and likes to sell things when he gets it wrong. He says he’s talking to CEOs all the time and being based out of San Francisco gets him access to so much information and data, which allows him to paint a picture ultimately resulting in strong investment decisions.
Recorded on April 30, 2024.
At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.For the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.
29 min