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That’s a rational stance. However, the Buffet Indicator is flashing red, we’re in a dotcom-era sized bubble, and it only takes a little bit of ill-founded worry
by mullingitover 2y ago
That’s a rational stance. However, the Buffet Indicator is flashing red, we’re in a dotcom-era sized bubble, and it only takes a little bit of ill-founded worry to kick off a serious panic.
- aurareturn 2y agoBut why would an AI breakthrough cause stocks to go down? It should cause it to go up. It means we should expect even more breakthroughs, better models, more LLM usage, etc.
- mullingitover 2y agoBull runs don’t require a rational basis, neither do panics.