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Emmet

๐Ÿ‘ค Speaker
864 total appearances

Appearances Over Time

Podcast Appearances

Stock Club
#311: Are We in an AI Bubble?

And it used lots of channels on GSM to bring internet to your computer.

Stock Club
#311: Are We in an AI Bubble?

And I logged in.

Stock Club
#311: Are We in an AI Bubble?

This, for me, is one of the defining moments of my investing life.

Stock Club
#311: Are We in an AI Bubble?

And I logged in to...

Stock Club
#311: Are We in an AI Bubble?

learn of the disadvantages of margin trading as I sat in that hotel, because I had built, by my life standards, at that stage I was 26 years old, by my life standards I had amassed a huge amount of wealth that could never have been envisaged, but as a consequence of investing in the stock market,

Stock Club
#311: Are We in an AI Bubble?

with a bull run, aka the dot com bubble and using margins.

Stock Club
#311: Are We in an AI Bubble?

And all of a sudden my brokerage had locked me out of my brokerage account.

Stock Club
#311: Are We in an AI Bubble?

All I could do was look at it as I was selling positions in order to replenish the debt that I owed as a consequence of borrowing to buy more.

Stock Club
#311: Are We in an AI Bubble?

And this giant portfolio

Stock Club
#311: Are We in an AI Bubble?

um worth a huge multiple multiple multiple of an annual salary was literally dropping by five grand ten grand five grand with every refresh of the screen and that was for me observing a bubble bursting in real time and and uh anyway i go i i digress to tell that story but it was it was very real for me at the time no i i don't think it's a digression at all i think it's a very real very visceral

Stock Club
#311: Are We in an AI Bubble?

I'm really enjoying this question because I'm fascinated in the answer.

Stock Club
#311: Are We in an AI Bubble?

I have no idea, no idea.

Stock Club
#311: Are We in an AI Bubble?

But what I do know was that I tracked C3 AI, ticker AI, for years from IPO through to about two years ago when I thought this is a phony company.

Stock Club
#311: Are We in an AI Bubble?

Now, I won't...

Stock Club
#311: Are We in an AI Bubble?

I won't elaborate on that because I don't have notes in front of me.

Stock Club
#311: Are We in an AI Bubble?

But what I mean by phony was I contacted them actually as the founder of my Wall Street with a view to help us integrate AI into our business before it was everywhere, right?

Stock Club
#311: Are We in an AI Bubble?

And I wasn't overly impressed.

Stock Club
#311: Are We in an AI Bubble?

So without knowing the answer and knowing that the obvious answer is it's been on a bull run because it's the AI supercharged, I'm going to suspect

Stock Club
#311: Are We in an AI Bubble?

It dropped a bit.

Stock Club
#311: Are We in an AI Bubble?

Imagine having the ticker AI, which would predispose you to anyone who's not inclined to thinking too hard.