Casey Smith

President of Wiser Wealth Management, Inc, | "A Wiser Retirement" Podcast Host | Pilot | ATP | Speaker

[Casey Smith @Bull1shPilot]

🤯 49.6M Americans now own Bitcoin vs 28.8M who own Gold.

Gold had a 5,000-year head start. Bitcoin did this in 17 years.
Is Bitcoin really displacing gold, or is it simply 100x easier to buy $10 of BTC on your phone than it is to buy and store physical gold coins? 📱💰

What’s your take: Digital gold or physical bullion? 👇

#Bitcoin #Gold #Crypto #Finance #Investing #Wealth #Macroeconomics #BTC

[Casey Smith @Bull1shPilot]

Everything we taught our kids about choosing a college major is officially dead.

I’m sitting at the University of Kentucky freshman orientation for my daughter today, looking at this new Goldman Sachs data on the chart below.

The "safe bets" we’ve been preaching for 20 years just got flipped upside down.

According to the study, the majors most exposed to AI displacement aren't what you think:
• Computer Science (Z-score: 0.34)
• Computer Engineering (Z-score: 0.32)
• Data Science (Z-score: 0.21)

The safest fields? The human-centric, high-empathy, and physical ones:
• Pharmacy (-0.31) • Nursing (-0.31)
• Special Needs Education (-0.23)

This isn't a futuristic projection. Gen Z is already reacting.

Early data for the 2025-26 academic year shows enrollment in computer and information sciences is actually declining. Students are reading the room.

AI can write code faster than a junior dev, but it can't comfort a patient in an ICU or manage a classroom of 30 kids.
As a parent watching my freshman daughter today, it’s clear: the ultimate moat isn't technical skill anymore. It’s being undeniably human.

If you were advising a college freshman today, what major are you telling them to pick? Is tech dead, or is this just a correction?

Let me know below. 👇

[Casey Smith @Bull1shPilot]

I like SpaceX too. I have been to two launches. Have two t-shirts. I don't drive a Tesla, I prefer fast gas-powered cars, but respect the decision. I'll probably buy some SpaceX stock. It should be a good investment in 10 years, maybe 5. I pity the fool that bets against Elon, but let's be real about what is about to happen to the stock price. 👇

History tells us that no matter how revolutionary a company is, the post-IPO market is an absolute meat grinder. Just look at the data:

📉 The Brutal Realities of Tech IPOs:

-54% Median Max Drawdown: More than half of your capital will likely be underwater at some point in Year 1.

Only 43% are positive after 12 months. The median 12-month return across the board is -9%.

The Blueprint: Facebook hit a -54% drawdown. Uber dropped -68%. Hype plays like Rivian (-88%) and Robinhood (-90%) completely cratered before building a base.

SpaceX is changing humanity's multi-planetary future, but the day-one retail hype will be a trap. If you buy the debut, prepare to watch your portfolio take a space walk straight down before it stabilizes.

Patience will be the real rocket science here. I’m buying for the decade, not the day trade. 🚀

#SpaceX #ElonMusk #Investing #StocksToWatch #IPO #StockMarket #Tesla #VentureCapital #GrowthInvesting #Finance #MacroEconomy

[Casey Smith @Bull1shPilot]

@RealDanODowd @Tesla @elonmusk It’s supervised driving!!

Thankfully there are standards to becoming a commercial airline pilot. Dan here would have failed his check ride in training. Unfortunately Dan can still get a drivers license 😂

[SurgiFi @FiSurgi]

He’s being funny but this is actually good advice.

[Casey Smith @Bull1shPilot]

Is the AI bubble about to drag down the entire global credit market? 🧵👇

If you think the AI hype is just concentrated in tech stocks, look closely at the data in the image below.

AI hasn’t just entered the chat—it has hijacked the fundamental plumbing of our capital markets.

The YTD numbers are staggering: • 87% of all Venture Capital funding went to AI ($220B). Non-AI tech is fighting for crumbs. • 49% of all Investment Grade bonds issued were by AI-related companies ($140B). • 38% of High Yield corporate bonds are tied to AI ($21B).
In total, AI companies have swallowed 64% of all capital flows ($380B) across these channels.
Why this is a systemic risk:Many macro analysts argue AI is in a massive bubble. If it pops, the fallout won't just hit retail tech investors.
Because AI is heavily embedded in investment-grade debt, a severe correction will ripple directly through institutional portfolios, corporate credit, and pension funds.

We haven't just invested in a tech revolution; we have tied the stability of the broader financial ecosystem to it.

Paradigm shift or a historic house of cards? Drop your thesis below. 📊
#Macroeconomics #AI #Finance #Stocks #Investing

[Casey Smith @Bull1shPilot]

@Rick_Ferri Could be worse…. They could have bought an annuity.

[Casey Smith @Bull1shPilot]

@elonmusk

[Casey Smith @Bull1shPilot]

A 225-year history lesson in one chart.

The visual proof that the economy you grow up in isn’t the one you retire in.

🧵 Look at the collapse of the Transportation/Industrials dominance (Blue) and the vertical ascent of the Tech/Services group (Dark Red).

It’s not just a trend; it's a fundamental re-ordering of human civilization. We are now completely dependent on digital, information-based, and healthcare-related sectors for the majority of our market cap.

It makes you wonder: what was the world thinking in 1860, when railroads were everything? And what are we missing now that will make this 2024 era look ancient? 🤔

What’s your single biggest takeaway from this visual history of capital?

#StockMarket #History #Investing #FutureOfWork #Economy

[Casey Smith @Bull1shPilot]

Think tech valuations are crazy right now?

Take a look at what they looked like during the peak of the Dot Com Bubble in the attached image. 🤯

In 1999/2000: • JDS Uniphase: 668.3x P/E • Yahoo!: 623.2x P/E • Cisco: 148.4x P/E

Now look at today’s Magnificent 7 trailing P/Es: • META: 23.1x • MSFT: 24.6x • GOOGL: 29.7x • AMZN: 31.6x • NVDA: 32.6x • AAPL: 37.5x • TSLA: 404x

Outside of TSLA, the Mag 7 are trading at a fraction of those 2000-era valuations. Even better? Forward P/Es are even lower across the board, signaling massive continued earnings growth.

The 1999 bubble was built on speculation. Today's giants actually have the massive cash flows to back up the hype.

#FinTwit #Stocks #AI #Magnificent7 #DotComBubble

[Casey Smith @Bull1shPilot]

@elonmusk @Delta just got left at the gate.

[Casey Smith @Bull1shPilot]

History shows the S&P 500 averages a -12% drawdown in a new Fed Chair's first 3 months. 📉

Honestly? Judging long-term market health on a 3-month window is kind of silly.

New leadership always breeds short-term uncertainty, which the market panics over. Look at Greenspan (-33%) or Mayer (-32%).

But for actual investors, this is just noise. Take it as a sign that volatility might be around the corner, but don't let it derail your plan. Zoom out, ignore the 90-day blips, and keep investing through it. 💼🚀

#Stocks #Fed #Investing #Markets

[Casey Smith @Bull1shPilot]

Coming this June! Insights into the wealth management industry and what financial planning really should be.

[Casey Smith @Bull1shPilot]

US Manufacturing is back. 📈

For the first time in 20 years, we’re seeing a truly sustained expansion. After 17 quarters of contraction, we’ve hit 16 consecutive quarters of capacity growth.

The most interesting part? The "Feedback Loop." 🔄

The sectors leading the way are the ones that fuel more production:

✅ Machinery
✅ Electrical Equipment
✅ Computer & Electronic Products
✅ Fabricated Metal

My take: This is the "Industrial Multiplier" in action. We aren't just making goods; we are building the capacity to produce for the next decade. The US is fundamentally rebuilding its industrial base in real-time. 🇺🇸
#Manufacturing #Economy #MadeInUSA #SupplyChain #Tech #IndustrialRevolution

[Casey Smith @Bull1shPilot]

4/ The Takeaway: Risk is relative. The next time you hear that the S&P 500 is "narrow," remember that on a global stage, it’s one of the widest nets you can cast.
Context matters. 📈

[Casey Smith @Bull1shPilot]

The "U.S. market is too concentrated" narrative just hit a wall of data. 📊

Despite the noise about the Mag 7, the U.S. is actually the 4th LEAST concentrated market out of 46 countries.

Thread 🧵👇

[Casey Smith @Bull1shPilot]

3/ The Extremes: Think the S&P 500 is top-heavy? Look at the other end of the list: 🇸🇬 Singapore: ~80% 🇮🇪 Ireland: ~75% 🇦🇹 Austria: ~75% In these markets, 10 companies are the market.

[Casey Smith @Bull1shPilot]

2/ The Numbers: The U.S. sits at ~36% concentration. Surprising? It should be. It’s lower than Canada, China, France, and Germany.

[Casey Smith @Bull1shPilot]

1/ The Graphic: This chart ranks countries by the % of market cap held by the top 10 biggest stocks. The lower the bar, the more diversified the market.