The AI bubble is over
>>60979728Mornin' goldbros!
Buffett is not a tech investor. He missed out
>>60979735He explained this ratio in 2000 after the dot com bubble proved it was accurate
buffet was just a nepo baby who got lucky being born at the right timethis guy is like tim cook, he can't do anything subversive except fuel his own ponzi
>>60979773AI is intrinsically more important than muh internet. This is a race between US and China to create the next super weapon. Trump has literally gone all in with trillions more funding coming later in the year.
>>60979783>AI is intrinsically more important than muh internetRetard. The Internet was far more important. The only field AI is really important may be military but even there internet was more important
>>60979797AI is just starting, this is like witnessing computers in the 50s. It will probably end up creating a superior form of communication that will replace the internet one day.
>>60979799Sounds like some new paradigm bullshit people say at the top
>>60979801I'm not the one signing 10 trillion dollar checks to accelerate the tech.
>>60979805No you're just giving these companies money by investing in them. Very different.
>>60979799While that's true, that will be long after everything dumps and returns to sane valuations since it makes no money right now.
>>60979728What buffet isn’t accounting for is total clown market where nobody cares about valuations and everybody realizes the stock market is and always has been a giant Ponzi scheme. If the shares don’t pay out a percentage of profits as dividends then it’s just a ponzi and guess what ZERO stocks do that, your best case is they dilute by giving you more stock as dividends. Are we in a bubble? Yes. We have been in a bubble basically since the stock market existed and used forward looking valuations for stock prices. What’s the difference of a valuation of 6 months from now vs 6000 years from now? It’s all bullshit. Nobody can know the future. You can invest in a stock at 20x the value thinking in 10 years it’ll hit that in todays market, and in those 10 years that company might just go out of business. None of it is real, buffet is an animal who doesn’t even understand all he did was get lucky.
>>60979829Buffet does account for this, it's why he tells investors to only look at the returns of the wholly owned subsidiaries of his company. He doesn't consider stock values very meaningful anymore and hasn't in decades.
>>60979735He is largest owner of apple. wtf are you talking about?
>>60979844He first bought in like 2017. He doesn't know shit about tech
>>60979844which he bought after they pumpedwhen apple launched the iPhone, warren had IBM in his portfolio LMAO
>>60979799"""AI""" is a dead technology from the 60s
>>60979728>implying
>>60979783>Trump has literally gone all in with trillions more funding coming later in the year.trillions from where?
>>60979773>implying a single crash proves any indicator accurate
>>60982549the printers
>>60979728>overvaluedyou don't say?>The AI bubble is overwhy, though? "investors" can keep falling for tech scams.>>60979783>>60979799imagine believing this bullshit lmaopeople already realized that "AI" is a useless waste of time for everyone except students.
>>60979728Buffet is a retard. He underperformed the S&P for the last 20 years. I know more than Buffet. Half the people on biz know more about investing than Buffet. He might've been great in the 80s. It's not the 80s anymore.
>>60982549(You)
>>60979728no, it just got privatized and federalized. not gonna allow normies a piece of it
>>60984240Why are you lying? He's outperformed the S&P500 since 2005 by a decent margin.
