What podcasts say about Vitaliy Katsenelson
Every statement, with the speaker, the exact quote and the moment it was said.
What Vitaliy Katsenelson has said on podcasts
22 statements · 4 positive · 17 negative · 1 mixed
- on AI-related public equitiesNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
AI stocks will experience a future hangover.
“The AI hangover is coming.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 0:40
- on AI-related public equitiesNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
The pandemic previewed how the AI stock cycle will end.
“The pandemic already showed us how it ends.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 0:43
Peloton’s stock fell from $160 to single digits.
“The stock fell from $160 to single digits.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 3:11
- on Artificial IntelligenceNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
AI will experience a pandemic-style overcapacity hangover.
“The same will happen in AI.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 4:22
- on Data-center inputsNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Data-center inputs are substantially overpriced.
“Everything that goes into data centers, from cement to the labor that builds them, to the electricity that runs them, to the chips that provide their intelligence, is overpriced by a large factor.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 4:31
- on Large natural-gas turbinesNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Gas turbine prices are on track to triple from 2019 levels.
“Gas turbines are on track to triple in price from 2019 levels.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 4:43
- on Data-center electriciansPositiveOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Data-center electricians earn about twice other electricians’ pay.
“An electrician wiring a data center makes about double what electricians make everywhere else.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 4:47
- on Nvidia CorporationPositiveOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Nvidia sells chips at a 75% gross margin.
“Nvidia sells its chips at a 75% gross margin, as if it were a software company.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 4:53
- on Data-center overbuildingNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
The probability of overbuilding data centers is high.
“The probability is not zero, it is actually high.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 6:33
- on AI data-center investmentsNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Weak AI demand could cause massive write-downs and debt problems.
“If demand doesn't match the straight lines, we'll see Peloton times a thousand write-downs, and then the debt will come to collect.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 6:37
- on AI investmentsNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Correctly identifying AI technology does not protect investors.
“Being right about the technology does not save the investors.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 6:53
Telecom experienced a decade-long downturn after the dot-com era.
“telecom went through a decade-long nuclear winter.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 7:03
- on Today’s AI frontrunnersNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Today’s AI frontrunners may suffer Yahoo’s eventual decline.
“Today's frontrunners may meet Yahoo's fate.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 7:39
- on Artificial IntelligencePositiveOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
AI has the capability to change the world.
“AI can change the world.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 7:42
- on Today’s AI investmentsNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Many current AI investments may ultimately perform terribly.
“many of today's AI investments can still turn out to be terrible.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 7:45
- on Stock MarketNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
The stock market does not price in poor AI investment outcomes.
“The stock market isn't pricing in that possibility.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 7:51
The S&P 500 is about 1% below its high.
“The S&P 500 sits within about 1% of its high”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 8:12
- on Median S&P 500 stockNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
The median S&P 500 stock is 17% below its 52-week high.
“the median stock in the index is 17% below its 52-week high”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 8:19
About 40% of index stocks are down more than 20%.
“about 2 out of every 5 are down more than 20%, which is bear market territory.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 8:25
- on Median technology stockNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
The median technology stock is 23% below its high.
“Even inside the technology sector, the median stock is down 23% from its high.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 8:30
- on Market valuationsMixedOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Valuations can suddenly become consequential after being ignored.
“Valuations don't matter until they do.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 8:54
- on Speculative AI investingNegativeOct 15, 2026· The Intellectual Investor – Value Investing by Vitaliy Katsenelson
Katsenelson will not pursue short-term gains through speculative AI investing.
“I am not joining the peloton of insanity just to win a battle, a quarter, and lose the war.”
Open the episode · The AI Hangover Is Coming. The Pandemic Already Showed Us How It Ends. – Ep 305Listen at 9:09
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.