23H·

AI was a nice demonstration, but what now?

I don't think it's over either… but let's be honest: The euphoria is the only thing keeping this whole thing alive right now. ☯️

We were told something new , we celebrated it, we raised it up to the heavens and thought things would just keep getting better from here on out.

You always think that, with every sector cycle... 📈📉

And yes, things will go up again, but money can’t be pumped into one thing . So diversify a little, get a little bit of everything—to the newbies out there, or those who haven’t learned anything new yet. Unless you’re so sure that the music will keep playing.

We also have to keep in mind:

We, as private investors, are the catalysts for those who, as first were there. We are always last on the scene when the party is about to end.

A good example:

@Tenbagger-Capital … he’s just only now preparing with his portfolio 2036 . When the euphoria sets in later.

At least, that’s how I understood it.

If this future comes to pass, then that’s how it will play out.

Or, quite simply and more to the point:

The big players are always there first; it trickles down from the top 💩

Why do you think people say: “When the taxi driver starts talking about stocks, sell.” 🚕

By now, even the delivery drivers are talking about it (nothing against delivery drivers—I just couldn’t think of anything else).

My strategy is pretty boring and definitely not a solution: 🧯

GICS Ex-Tech with a pinch of Tech. It’s working out pretty well for me. And, of course, countercyclical… you can see what hype can do.

It’s just my opinion (which isn’t very meaningful), and I’d love to hear what you think. Is this the bubble bursting?

Image generated with AI

13 Comments

Benaiplay@Benaiplay

22H

Boring is good—I don’t need Irish stocks, Nebius, etc., in my portfolio either. That’s too risky for me. I got into stocks through penny stocks. These days, I focus only on quality and a small amount of hype. But you just can’t do without tech. After Visa, Hannover, and other defensive stocks were interesting a few months ago, I now find tech “cheaper” again.

I like these sharp price drops because they let me pick up quality stocks in tranches.

A little bit of Alphabet would do your portfolio some good, too.

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Poor Dad@PoorDad

22H

@Benaiplay Of course, a few AI metrics will still be useful in the future. But I would never rely on them 100%.

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Benaiplay@Benaiplay

22H

@PoorDad AI is coming. I don't think any of us know exactly how soon. Even with the Democrats in power, the U.S. will not stop competing with China.

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Poor Dad@PoorDad

20H

@Benaiplay We don't know how the market will react to AI, but it's going to be innovative.

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market_mastermind_3655@market_mastermind_3655

22H

Great post. I took a look at your portfolio—it’s actually a bit boring, but it’s nice to know there are some boring types out there, too. :) Personally, I’d also like to focus more on defensive stocks; I have a few on my watchlist as well. Which ones do you find attractive right now?

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Poor Dad@PoorDad

22H

@market_mastermind_3655 I'd put all my money into McDonald's—no, of course not 🤣

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market_mastermind_3655@market_mastermind_3655

21H

@PoorDad hahhahaa okee

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Ricola@Roccola601

22H

So, ultimately, you just have to know yourself well, know how to handle volatility, and, of course, know what your own portfolio is aiming for.
I still don’t think the word “hype” is appropriate when it comes to many tech stocks, and I feel very comfortable with my holdings because I look at the earnings figures.
Either way, I still enjoy holding “boring” stocks like $LIN or $MSCI in my portfolio. :)

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Poor Dad@PoorDad

22H

@Roccola601 Earnings figures can always look great. The only question is how Mr. Market assesses the situation.

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Olli@Olli68

22H

Exactly. But to step forward now, after a major tech setback, and pretend you were the great prophet is just a little pathetic.
If you’d really been that smart, you could have published this piece in the last few weeks. I know from personal experience how it goes: Whenever anyone raised concerns or asked critical questions in the last few weeks or months, the immediate, reflexive response here was, “Here come the crash prophets again.” You have to put up with that, and I don’t really care. But to now cast yourself, in hindsight, as the great analyst and self-promoter—it just doesn’t sit right.

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Poor Dad@PoorDad

22H

@Olli68 Chill out a bit, Olli—I’m just curious to hear how you guys assess the situation. Things will pick up again, of course; I said so in my post. And it’s nothing new to hear people say, “Diversify a little.”
It’s silly to go looking for stress right now. I’ve always said that I’m a defensive contrarian—not just now—and I’ve never said, “You should be one too, because I’m right…”—that’s just ridiculous. Don’t act so high and mighty.

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Musikerie@Musikerie

22H

Most of the time, when we think we’ve just had a flash of insight, we’re fooling ourselves. The great thing about the stock market is that, in hindsight, you can always tell very precisely whether you were right, what you overlooked, and whether it was luck, coincidence, or truly the right decision. Yesterday was Election Day, and the euphoria that keeps the whole thing going has been clearly evident in recent earnings reports.

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Poor Dad@PoorDad

20H

@Musikerie History rhymes

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