You have to be very vigilant. If signals like today's from Open AI pile up, it will very quickly go down not 2% but 30%. The bubble is different. It lies more in the circular transactions between the big players. The moment (that it comes is out of the question for me, when? no idea) when the broad market comes to the realization that the huge investments in AI are not worthwhile for the companies, it goes down very quickly. So always work with hedges. It won't be a crash, but rather a prolonged major correction of 30-40% in the tech sector.
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@Multibagger However, I could well imagine that if the progress and initial positive effects of AI reach the companies, and if profit growth continues as expected - then we may not see the 30 to 40 percent correction. At least not because of a bubble in the AI sector. If, like Michael Burry, you always predict a 30% crash, it is clear that you will be right at some point. That's why I'm more bullish for the time being - but so are you, as far as I know 😅
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@Multibagger Let us know if you want us to sell NVIDIA 🥳
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