In this episode of Non-Consensus Investing, hosted by Ram Ahluwalia, CIO at Lumida Wealth, listeners are guided through a comprehensive analysis of the current investment landscape. From discussing the rising influence of AI and semiconductors, to revealing the potential of defense tech and consumer finance, Ram provides a deep dive into the themes driving today's markets. The episode also explores the impact of macroeconomic factors, the importance of maintaining a diversified portfolio, and the evolving role of private markets. Additionally, Rhm shares observations on high beta stock performance, value investing, and his outlook on upcoming market trends. With a focus on practical insights and strategic thinking, this episode offers valuable guidance for investors looking to navigate the complexities of alternative investments.