In this episode I summarize and discuss a talk by investor and fund manager Mohnish Pabrai on US stock market bubbles since the 1920s. We look at the Motors Bubble, the Tronics Bubble, the Nifty-Fifty Bubble, and the Dotcom Bubble. I also discuss very recent market bubbles, including the EV bubble and emerging AI bubble.
Timestamps:
00:00 Mohnish Pabrai stock market bubbles Intro
00:22 The Motors Bubble (1921) and the EV Bubble (2020-21)
02:40 The Tronics Bubble (1959-62) and the emerging AI bubble (2023-?)
04:23 The Dotcom Bubble (1997-2000)
06:49 The Technology Innovation Hype Cycle
07:32 ARK Innovation ETF (ARKK), EV sector, AI boom - 2020-23
09:07 Stock market: new blood and short memories
10:02 Rhyming with the Dotcom Bubble - 2020-21
11:19 The Nifty-Fifty Bubble and bust (early 1970s)
12:49 A shock to the system
Related episodes:
Mohnish Pabrai on Mistakes, AI Euphoria, Nvidia, Microsoft
Why Druckenmiller Owns Nvidia Despite "Nosebleed Territory”
Mohnish Pabrai's Presentation and Q&A at MDI, Gurgaon on December 22, 2015
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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.