Home » Articles » The Intellectual Investor Podcast » Why Smart Investors Should Sit Out the AI Arms Race – Ep 265

Why Smart Investors Should Sit Out the AI Arms Race – Ep 265

October 16, 2025

AUTHOR:

The hype around investing in AI feels real, but like every revolution, it’s easy to forget that not every gold rush makes its miners rich.

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WHO AM I: Vitaliy Katsenelson is the CEO of Investment Management Associates (IMA) in 2012. Forbes Magazine called him “The New Benjamin Graham.” He’s written for publications including Financial Times, Barron’s, Institutional Investor, and Foreign Policy.

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