Anthropic vs OpenAI Stock: Which Backdoor Wins?

Anthropic versus OpenAI is the quiet head-to-head inside Dr. Mark Skousen and Matt McCall’s “XAI Boom” presentation: the campaign’s free pick is an Anthropic backdoor, its gated “second IPO” pick is an OpenAI backdoor, and a reader who buys the bundle is buying both sides of the two-lab race at once. If you searched the comparison, here is what the pitch actually claims about each route, what verifies, and our honest read of which case is stronger on the evidence. The complete campaign treatment is our XAI Boom review.

The Anthropic Route: The Free Pick

The free, named recommendation is SK Telecom (NYSE: SKM), revealed with full mechanics: “The name of that company is SK Telecom. It trades on the New York Stock Exchange under ticker symbol SKM… most American investors have never noticed this company. And on the surface, it looks like an ordinary telecom stock pays a 2.4% annual dividend. Pretty boring, right? But no, because now you know what’s hiding inside of it. A direct stake in the hottest company in the market bought years before [the] IPO.”

The stake is documented: SKT’s $100 million Anthropic investment was announced in August 2023, with the strategic partnership covered in the company’s own press release and Reuters. The pitch’s scenario math: the stake “has grown to be worth close to $6,000,000,000 And that’s before Anthropic goes public,” with the IPO expected at a $1.8 to $2 trillion valuation, which would make it the largest listing in history. Our caveat from the review: third-party estimates of the stake’s current value vary widely, and the $6 billion figure assumes the full $2 trillion listing; treat it as the presenter’s scenario, not a market price.

The OpenAI Route: The Gated Pick

The second “second IPO” is behind McCall’s report, with a fingerprint: “On the surface, it sounds like another boring bank. But over the past couple years, it’s poured more than $60,000,000,000 into the maker of ChatGPT… This company also controls one of the most important chipmakers on earth… NVIDIA even tried to buy this company outright at one point.” That profile points toward SoftBank, though the promo never names it, so the identification stays our high-confidence read, unconfirmed.

The mechanism the pitch teaches is the same in both cases: “When the private company goes public, the market suddenly wakes up to the value that’s hiding inside the company that already owns it.” The precedents are real and checkable: Ford “quietly snapped up 12% of Rivian… and when the electric truck company went public, Ford stocks popped higher,” and Yahoo “quietly bought a huge 40% stake in Alibaba… in two years surrounding its IPO, Yahoo stock tripled.”

Which Case Is Stronger, Honestly

On verification, the Anthropic route wins: the SKT stake is documented fact, the partnership is public, and the free pick can be researched today without buying anything. The OpenAI route’s fingerprint is denser but gated, and the $60 billion figure, the chipmaker control, and the Nvidia approach history are all checkable against public reporting once you work the fingerprint.

On upside construction, both routes share the same structure and the same weakness: the scenario ladders extrapolate from the private company’s assumed IPO valuation, and those valuations are themselves estimates. The Anthropic scenarios run from a three-to-five-bagger base case to “At 30%, potentially nine times your money over the long haul”; the OpenAI pick carries the same extrapolation logic. Neither is verifiable in advance, and the pitch says the right thing at the right moment: “I can’t promise you any specific outcome.”

The real question for a reader is portfolio construction, not prediction: the two routes are both venture-stake plays on frontier AI, and holding both concentrates rather than diversifies. Our review flagged the same overlap with the publisher’s sibling OXF AI IPO campaign: a reader carrying both Oxford Club bundles doubles up on the same underlying Anthropic exposure. The Anthropic stock and Anthropic IPO pieces from that campaign cover the direct question of pre-IPO access.

Frequently Asked Questions

Can I hold both backdoors? You can, but know what it is: the free pick is an Anthropic backdoor (SK Telecom, documented $100 million stake from August 2023), the gated pick is an OpenAI backdoor (the “boring bank” that “poured more than $60,000,000,000 into the maker of ChatGPT,” our read is SoftBank, unconfirmed). Both are venture-stake plays on frontier AI, so holding both concentrates the exposure rather than diversifying it, and adding the publisher’s sibling OXF AI IPO bundle would triple it.

Which route has better documentation? The Anthropic side, clearly. The SKT investment is in the company’s own press release and Reuters, the ADR is liquid at around $30, and the dividend is real (Morningstar lists the yield near 2.09% against the pitch’s 2.4%). The OpenAI side is a fingerprint you must resolve yourself against public reporting on the $60 billion figure, the chipmaker control, and the Nvidia approach history.

Do the scenarios compare? Both ladders extrapolate from assumed private valuations. The Anthropic side runs from “three to five times higher” to “At 30%, potentially nine times your money over the long haul,” all scaled to an assumed “$1.8 to $2 trillion” listing. The OpenAI side uses the same logic. Neither is verifiable in advance.

What does this mean? The comparison is a portfolio-construction question, not a prediction contest. Pick the route whose risk shape fits, size it as the venture bet it is, and let McCall’s disclaimer govern both: “I can’t promise you any specific outcome.”

The Offer Behind the Comparison

The bundle carrying both routes: a year each of The Skousen Report and McCall’s Innovation Report, McCall’s “The Second IPO Blueprint” (the OpenAI stake company plus the complete Anthropic IPO guide), “Machine Medicine,” the Private Power Boom report, the final exit plan service, and The Maxims of Wall Street, at “$795… for just $129” with 90 days to examine and a full refund keeping the reports. If the two-lab race is your entry question, the full presentation is here.

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