@bloombergbusiness: Jeremy Grantham has a long history of calling bubbles. On this episode of the Odd Lots podcast, GMO's co-founder and chief investment strategist tells Joe Weisenthal and Tracy Alloway what he thinks about Mag 7's multibillion-dollar investment into AI and the signs he watches out for to spot when a bubble might burst. #markets #Tech #AI #investing #finance

elltron3000 :

this guy has called 45 out of the last 2 bubbles

ArizonaSteve :

Jeremy Grantham is notoriously early in his predictions. He is often described as a "permabear," meaning his consistently cautious outlook causes him to miss out on bull market rallies.

OneGoodStream :

To think that AI is one market is to misunderstand AI

️ :

Obvious warning signs: 1. valuations detach from fundamentals (P/E ratios at historic extremes), everyone from cab drivers to retirees are piling in (retail mania), 2. debt-fueled speculation surges, 3. trading volumes spike, 4. The prevailing wisdom becomes "this time is different."

Jordan B. :

“A.I.” may be applied here in too generic a way. Apple’s AI goals aren’t the same as Amazon’s AI goals, or Nvidia’s, Google’s, SpaceX, etc.

Milano Toress :

Capex of MSFT and other hyperscalers is Unsustainable. Burning cash for ultra high prices of memory and chips is unsustainable 👍

mattbobeel :

I love to see this man reference Highlander in a serious segment

paperponies :

Why can there only be one winner? That makes no sense

turdcutter :

They’re all monopolies

Frank Wang :

Bro assumes tech is a zero sum game when game theory suggests it’s best to not be the only one and each all share a big piece of the overall pie

Martin🇨🇦 :

Amazon is the first offering AI services on AWS

User45367v56gshjy :

Eventually he will be right

horryx16 :

mag 7, G7 whats the difference? 😂

magsdad :

Trees don’t grow to the sky

Josephian :

All Nvidia!

Aamier :

dim333zd25 :

I just want this bubble to pop so we can get over it and buy more

turdcutter :

Yep

TennMann :

Not Apple Jeremy.

Josephian :

Dc DC

user3845204019428 :

Well “ask Jeeves” how the search engine fight went.

Vincent 仓鼠之王 :

the mag 7 are a front for US gov interests

simon adamson :

Yet he said nitches

ianstike :

this also assumes that there is some race to AGI that is going to end once someone gets there and then once they are there then that is the end of time and whoever gets there first wins....I dont think thats right.

Stats :

“Justice Department fast asleep” 💀