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Tag Archives: investing
The AI Gold Rush: What Happens When Everyone Strikes the Same Claim?
I hear a lot of people talk about AI. It is constant at work. My friends are fascinated by it. I hear people talking about it in line at the grocery store and at social events. It is on the … Continue reading
Posted in Economy, Investing, Money, Technology
Tagged AI, bear market, boom, bust, COVID, data center, David Gardner, Dot-Com, freemium, gold rush, infrastructure, investing, Mark Twain, overinvestment, pandemic, revenue, snap test, stock market, Warren Buffett
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The High-Altitude Hangover: When Hype Meets the Weighing Machine
A coworker of mine is furious at Elon Musk. It isn’t about electric cars, social media algorithms or controversial tweets. It’s about space. It’s been about six weeks since SpaceX went public. The IPO was priced at $135 per share. … Continue reading
The Curious Case of Gold: A Brick Looking for a Greater Fool
A friend of mine told me something dubiously profound the other day. We were talking about the state of the world, which is always a dangerous conversational trailhead, and he leaned in with the intense, hushed tone usually reserved for … Continue reading
Posted in Culture, Economy
Tagged business, civilization, economy, finance, gold, greater fool theory, investing, prepper, society, speculation, survivalist, valuation
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