Lucent, Nortel and Cisco all used vendor financing during the dotcom era. Read the history of those companies. Hopefully, those who pound the table will at least take pause to think.
Only $CSCO remains. It once traded at lofty multiples and was a Jim Cramer darling that you had to own regardless of price.
And yes the major passive indexes are now fraught with risk. I shudder to think of what could occur if one of the AI companies sneezes.
Also be wary of the ETF’s you own. Always look at what’s inside or under the hood. They may hold a large percentage of widely held and over hyped and expensive stocks as well.
CRONYISM is just rebranded communism, let me explain in this podcast:
https://open.substack.com/pub/soberchristiangentlemanpodcast/p/essay-the-cronyism-deception-unmasking?utm_source=share&utm_medium=android&r=31s3eo
Lovely!
Lucent, Nortel and Cisco all used vendor financing during the dotcom era. Read the history of those companies. Hopefully, those who pound the table will at least take pause to think.
Only $CSCO remains. It once traded at lofty multiples and was a Jim Cramer darling that you had to own regardless of price.
And yes the major passive indexes are now fraught with risk. I shudder to think of what could occur if one of the AI companies sneezes.
Also be wary of the ETF’s you own. Always look at what’s inside or under the hood. They may hold a large percentage of widely held and over hyped and expensive stocks as well.
Fantastic article👍
America is building God, and rival gods.
Money misses the point.
*Analysis is not Advocacy*
This is a good article! I don’t agree with everything but I agree with most of your points
Skynet will come online just in time to make it a bubble with the right surface tension to last forever I thought