How I'd love to have an AI "agent" to delete my spam, negotiate with the chatbot that can't answer my questions, and fill out the information my doctor's system asks for every single damn time I try to make an appointment. Betting these things aren't number 1 on BigTech's list though.
I remember an interview with Stanley Druckenmiller where he said he couldn’t resist not participating in the tech stock boom after being cautious and finally jumped in, only to lose billions.
The capitulation of the bears, reminds me of Vanguard closing their Precious Metals and Mining Fund back in 2018 which was probably the exact bottom of the market. Couldn't have had any worse timing as the sector has been moving up ever since.
The 'bear' finally giving in reminds me of something I read years ago said by a financial "titan." Can't find it now for attribution, but it was something like this, "I don't know when the best time to get out of the market is; but the worst time to get in the market is when it hurts so bad to be out."
IMO, that's where we are now (and that 'bear' fits this): it hurts so bad to be out. Clearly, the ol' FOMO was/is yelling loudly. And my bro said his financial dude says "this time is different, doesn't matter if the market is overvalued" (which he says it isn't)...I suppose we'll all find out sooner or later.
How I'd love to have an AI "agent" to delete my spam, negotiate with the chatbot that can't answer my questions, and fill out the information my doctor's system asks for every single damn time I try to make an appointment. Betting these things aren't number 1 on BigTech's list though.
I remember an interview with Stanley Druckenmiller where he said he couldn’t resist not participating in the tech stock boom after being cautious and finally jumped in, only to lose billions.
The capitulation of the bears, reminds me of Vanguard closing their Precious Metals and Mining Fund back in 2018 which was probably the exact bottom of the market. Couldn't have had any worse timing as the sector has been moving up ever since.
The 'bear' finally giving in reminds me of something I read years ago said by a financial "titan." Can't find it now for attribution, but it was something like this, "I don't know when the best time to get out of the market is; but the worst time to get in the market is when it hurts so bad to be out."
IMO, that's where we are now (and that 'bear' fits this): it hurts so bad to be out. Clearly, the ol' FOMO was/is yelling loudly. And my bro said his financial dude says "this time is different, doesn't matter if the market is overvalued" (which he says it isn't)...I suppose we'll all find out sooner or later.