No qualifying author-owned investment thesis was confirmed in this post.
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I am noticing two things in the market right now that I think need discussing:
1. Obvious one: market prices in AI disrupting traditional industries and prices in investments into AI not working out. Those are mutually exclusive outcomes;
2. Rotation into defensive stocks in the current market is exiting a 30 forward PE stock that growth 20%+ in favour of 20-25 forward PE stocks that are mostly flat.
There is money to be made. Thoughts?