The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.
Sell your index funds and tech stocks.
Buy Berkshire Hathaway (who’s sitting on a big pile of cash for crash buying, as they do), Walmart, and bread and butter ones, companies that make things folks would still buy in a recession (like groceries).
Don’t mess with shorts. You don’t know when the bubble will burst, and these companies will make you money even if it never does.