Andy, Noah, and Corey break down how AI is reshaping the job market and why ownership matters more than ever. Using Salesforce's September 2025 announcement as a case study, they examine what it means when a company cuts 4,000 jobs while authorizing $20B in share buybacks. The team connects AI-driven productivity, shrinking share float, and investor opportunity — then shares practical ways to position now using cash-flow strategies and long-term tools like LEAPS.

What You'll Learn in This Episode
- What Salesforce's layoffs and buybacks signal about ownership
- How AI can cut jobs while boosting profits
- Why buybacks and shrinking float matter to investors
- Why owning production matters in an AI economy
- How to position now using cash flow and LEAPS

Want to Learn More?
– Explore free education and tools at cashflowbonus.com to strengthen your investing foundation
– Keep building your financial education at yourinvestingclass.com

Andy is joined by Dr. John Cochrane, Senior Fellow at the Hoover Institution at Stanford University, for a deep dive into fiscal theory, inflation, and the forces shaping today's global economy. Dr. Cochrane explains the fiscal theory of the price level and why inflation is ultimately driven by government debt and confidence in government bonds. Using the Eurozone as a case study, he explores the challenges of maintaining a monetary union without a corresponding fiscal or political union. The conversation also turns to artificial intelligence, examining how AI may disrupt employment in the short term while increasing productivity, wealth, and long-term economic growth.

What You'll Learn in This Episode:
- What the fiscal theory of the price level really says about inflation
- Why government debt and credibility matter more than money printing alone
- The Fed's role in balancing monetary and fiscal policy
- Why the Euro highlights risks of monetary union without fiscal unity
- How AI could reshape jobs, productivity, and economic growth

Action Items
- Explore Dr. John Cochrane's (available on Amazon)
- Visit johnhcochrane.com for essays and free materials on fiscal theory

Want to Learn More? Visit cashflowbonus.com to access free investing resources, including the ebook and action items discussed in this episode.

The team breaks down the often-overlooked skill of picking fewer, better investments. Instead of chasing endless opportunities, the team explains why clarity, discipline, and defined criteria matter more than volume. Using relatable analogies and timeless investing principles from Warren Buffett, they explore how focus, temperament, and long-term thinking help investors build portfolios they can actually manage with confidence.

What You'll Learn in This Episode:
- Why narrowing your stock choices leads to better decision-making and stronger conviction
- How to create clear criteria for selecting high-quality investments
- What Buffett means by temperament and specialization and why both matter
- How economic moats protect businesses and support long-term growth
- The role of diversification without overcomplicating your portfolio
- Why market psychology and your personal environment influence investing success

Want to Learn More? Visit cashflowbonus.com to access free investing resources, including the ebook and action items discussed in this episode.