Graham Stephan

It went from like 1280 to 1302 or something after 12 years.

So I thought that was interesting.

Now, why would that happen?

Well, it's called reversion to the mean, guys.

You've had four years of 20% growth, and you've probably heard Warren Buffett and everybody else say stocks return 8%, right?

You guys have heard that.

Well, you just had four years of 20%

in order to get back to the historical run of eight, you're going to have some

Rough years.

Well, again, nobody has a crystal ball, and that is absolutely possible.

History says it's not going to end well.

Again, if you want to talk about AI, again, stock market, all of that, I look at it all the time.

I think there's a lot of circular revenue in there.

I do think that, again, studying economics, if you go back and look at where we've had crises before, you could look at railroads, you can look at utilities, you can look at the internet, DSCL lines, all of that.

There's a time where money comes flying in.

It just keeps investing.

Every idea is funded.

And then it's not.

And, you know, I don't know why AI would be any different.

Well, I love that you asked that question because my brain always goes to why it collapsed to 4% because that's a different answer.