Matt tackles a common question from clients: will traditional investing work with AI? AI is changing how businesses operate, with explosive increases in scope and scale over the past couple years. There is enormous hype around AI technologies, with some people comparing it to the advent of the internet or even the invention of electricity. Naturally, many retail investors are wondering how to invest on the precipice of great technological change. Matt separates two important questions here: 1.) what companies will win in the AI race, and 2.) how should long term investors behave to make durable investments for their families and retirement?

The second question is what Matt focuses on today. It's very difficult to determine what companies will "win" over the long-term. The dot com bubble was littered with highly promising companies that are now forgotten, while some of the winners were far from obvious picks at the time. Besides, Matt encourages clients to invest for the long-term, with a diversified portfolio that's designed to help achieve the financial plan no matter what the market does. It shouldn't matter what any individual company does — the plan and it's investments should be durable and flexible enough to capture the broad market performance.

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