Halftime Report The AI Spend-A-Palooza 2/5/26
Feb 5, 2026
Josh Brown, market commentator and IC member who talks portfolio moves like buys in ServiceTitan, Toast and Uber. Joe Montana, four-time Super Bowl champ turned venture investor at Liquid 2 Ventures. They dive into AI-driven hyperscaler capex, where to play AI (semis and infra vs software), portfolio rotations into defensives, and transitions from sports to venture investing.
AI Snips
Chapters
Transcript
Episode notes
Average Down In Strong Vertical Software
- As an investor, average down and add to positions in best-in-class vertical software companies if you can see past short-term liquidation.
- Expect disruption at the edges but assume top software players will integrate AI to stay sticky and valuable.
Pick Semicap Equipment Over Cyclical Memory
- Semiconductor equipment names (KLA, Applied, LAM) remain critical to the AI infrastructure build and may be safer long-term plays.
- Memory and other cyclical pockets can moderate, so position size and selection matter.
Trim Parabolic Winners For Risk Control
- Manage risk by trimming positions after parabolic moves even if you remain bullish on fundamentals.
- Use position sizing to prevent single-stock concentration headaches during volatility.