In this episode I summarize and discuss a recent interview with veteran value investor Jeremy Grantham, in which he explains how he thinks the deflation of a financial markets super-bubble is currently being prolonged by an emerging mini-bubble in artificial intelligence (AI).
Timestamps:
00:00 Jeremy Grantham Super-Bubble Intro
00:45 Who is Jeremy Grantham?
01:21 Grantham's prediction track record
02:21 Super-Bubble stages, including the emerging AI mini-bubble
05:45 Is this a big bear market rally?
07:54 The AI hype cycle
08:59 Prolonged Super-Bubble deflation
10:08 Time to take AI stock profits?
Related episodes:
Jeremy Grantham Super Bubble: Euphoria to Panic to Recession
Mohnish Pabrai on Mistakes, AI Euphoria, Nvidia, Microsoft
Why Druckenmiller Owns Nvidia Despite "Nosebleed Territory”
Seth Klarman: We've Had An Everything Bubble
The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664
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I use TIKR Terminal to help analyze great businesses, follow top investors, and help monitor my portfolio (refferal link): http://tikr.com/theartofvalue
Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.