Ryan Sean Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
So guys, we could either be in 1998, 1999 or 2000.
We're not sure.
We're not sure.
But we're in one of those probably.
And it probably is going to because of it's a technological change.
It probably is going to blow off top.
I mean, that's pretty much a given at some point in time, whether it's this time or the next one or the one after.
Concentration levels, this was a fascinating metric.
I saw this all over my timeline on Twitter.
So peak concentration levels of major bubbles, anytime you get over 40% of what?
Some sort of concentration metric, I guess.
When you had the Nifty 50 run, was that in the 1960s?
You had 40%, Nifty 50 were 40% of the market.
Yep.
When you had Japan going crazy in the 1980s, it got up to 44% of the total world market.
When you had railroads back to the 1800s, that got up to 63%.
That was the mother bubble of all bubbles.
Right now, we're at 40%.
And that's measured by the big 10 AI companies as a percent of S&P.
They dominate.