The State of the AI Investment Boom With Tech Fund Manager Michael Lippert

At the close of every Wealth Truck, we try to give you one suggestion to help you build and protect your wealth over the long term.

This week's guest is stepping in with the best investment advice he has ever received.

This week's action point, courtesy of Michael Lippert, is go find the evidence.

The best investment advice didn't come from an investor.

Before I got into investing, I was a lawyer.

And it came from the partner that I worked for in the context of being a litigator.

And he said, Mike, no wishes, hopes, and dreams.

Go find the evidence.

And so that's what I had to do as a junior associate working for this partner.

And it's what I do in my investment life.

Every company tells us they're great.

Everybody on Wall Street is right now reacting to announcements.

But we try to be, at Barron, fact-based investors.

So we go out and we dig the facts.

We go out and we dig the real-world evidence.

So that advice still really impacts me, honestly, today, even though it came from a law partner of mine.

Focusing on the evidence instead of wishes, hopes and dreams takes hard work and discipline.

If Lippert's market and peer-beating performance over the last two decades is any indication, it works.