icon icon
person
Click here to have Wit & Wisdom sent directly to your inbox

 

Good morning:.

Well, the storm is finally gone and those in the northeast are drying out … but there was plenty of notice given, so many were well prepared.

Sometimes storms are expected and don’t arrive … and what reminded me of this was all the hoopla surrounding September being the worst month for stocks on a calendar basis … and even though things are slightly down today, it seems we have weathered that storm. Again.

Yes, yes, yes … AI is driving things … and I am actually typing while waiting for a presentation to begin on the topic … feeling excited as new things are being announced every day … for selfishly perhaps … I just want to feel less lost.

One of the speakers spoke about stock analysts and brought up a great point as he said in his view that “… AI will separate the best and worst analysts …” in that some will use it as a starting point and then go much more in-depth with the analysis of a company … while others might count on AI to every bit of the heavy lifting … making them no different than anyone else not willing to dig deeply to do a better analysis.

Meanwhile we all heard that AI will be the end of us – but Bill Gates fortunately gave the view that this is incorrect … and only a billion of us will be eliminated. Thanks Bill … I think.

That will about wrap it up for today as I need to pay attention to the speaker … having heard one more interesting point about how fast things are happening.

The audience was invited to think about the days when we would use a camera to take a picture … and drop the film off at the local store for the 5-day wait to see the result.  People were quite careful about the pictures they took (as each one costs money) with a lot more thought and little waste.

Today?  People have no problem with using their smart phones and taking dozens of pictures of their cat or even their poodle … as if others will find these to be quite interesting (PS … they’re not).

That will about wrap things up for me today.

Lunch was just served and I suddenly feel the urge to take a picture of my food.

Have a great day,

Joseph G. Witthohn, CFA

Have any questions? Please contact info@teamemerald.com

New and want to subscribe to Wit & Wisdom? Subscribe here

 

A Look At The News | September 28, 2026

As of 11:05 AM today …
There are many people seemingly doing quite well … though one thing you don’t know … as you see the things they show publicly … is how much debt (and trouble) they might be in (TheHill)

https://thehill.com/opinion/finance/6112015-us-split-digital-physical-economies/

 

In the last few weeks we heard stories of how machines and AI will wipe out humanity … but Bill Gates is more optimistic … and puts the cap at a billion (NYPost)

https://nypost.com/2026/09/27/tech/ai-could-kill-billions-of-people-in-the-wrong-hands-bill-gates-says/

 

There might soon be no need to pick your kid up from school or the movies … just have him call a Waymo … as they are opening up to younger riders (NashvillePost)

https://www.nashvillepost.com/business/tourism/local-waymo-service-now-available-to-teens-ages-13-17/article_c4f7bcf5-df5d-44cc-8d5d-5bfad6f6e8ce.html

 

If the planet starts to get too hot, don’t worry … there is a “plan B” … as we will head up into the skies to cool the Earth.  What could possibly go wrong? (ScienceFocus)

https://www.sciencefocus.com/planet-earth/geoengineering-sciences-boldest-ideas-to-cool-earth-2

 

With the increasing energy need …   in large part due to AI data centers … gas and solar help … but there is a stronger look now at geothermal … and (in my view) it’s about time (CleanTechnica)

https://cleantechnica.com/2026/09/26/geothermal-energy-us-policy-renewable-sustainable/

 

… but not every government move will help alternative energy as halting Electric Vehicle subsidies could very well drive up gas prices … simply due to increased demand (Fox13)

https://www.fox13seattle.com/news/trump-declares-end-ev-mandate-new-fuel-economy-standards
The statements above are supplied for educational purposes only. The statements depict the viewpoints and opinion of the author and are not necessarily the views of Emerald Asset Management or its affiliates. The information described herein is taken from sources which are believed to be reliable, but the accuracy and completeness of such information is not guaranteed by us.

Emerald Asset Management PA, LLC | 717-556-8900 | 3175 Oregon Pike, Leola, PA 17540

Want to change how you receive these emails? You can unsubscribe from this list.

———————————————————————————-

The statements above are supplied for educational purposes only. The statements depict the viewpoints and opinion of the author and are not necessarily the views of Emerald Asset Management or its affiliates. The information described herein is taken from sources which are believed to be reliable, but the accuracy and completeness of such information is not guaranteed by us.