Richard Harris 1.4 6 ideas

Harris argues, "Asia really stands out because almost all of our countries have clear, dedicated government strategies to developing AI infrastructure." Unlike the US, where the "scare trade" dominates, Asian markets are viewed as the "factory" for the AI revolution (infrastructure, chips, energy). They are building the physical layer, making them resilient to the software displacement narrative. LONG Asian equities with a focus on AI infrastructure and government-backed strategic sectors. US tariffs on Asian exports could dampen growth; China's economic recovery remains uneven.

The market is selling off software and service stocks (like Microsoft falling 10% recently) on fears that AI will disrupt their business models. Harris argues this is a mispricing similar to the Dotcom bubble. The large platforms (Hyperscalers) are the ones with the capital to win the AI arms race. They will integrate AI to become *more* productive, not obsolete. LONG. Use the "AI Fear" dips to buy the dominant platforms. Regulatory breakup risks; AI actually disrupting their core search/SaaS moats faster than expected.