@davey_juice You belong to top 1% real investor on here. I only see they talk when the stock goes up but never see they hold when the stock down hard. Appreciate your buy/sell alert for free as well.
@davey_juice Bet you he only need 1mins to let gpt write this shit for him. So hilarious when I see people mention the time they research a stock. 99% Xfluencers on here just fking go with the trend and dont know shit about the stock they’re talking.
AI buildout appears on its way to 3% of US GDP.
US railroads in the 1850s and the 2000 internet bubble peaked around 3%.
Some stats give higher percentages, some give lower too, depending on what they do and don't count towards them (e.g. telecom-only for 2000 is 1%).
However you count it, the point is if comparing them apples to apples, the magnitude of each is fairly comparable.
I'm not saying what the current boom is or isn't, or when it's stopping.
All I'm saying is the #1 rule of investing is to not lose money. Or some say it's your survival. Both are two sides of the same coin.
Who knows how long this goes on for or what breaks it.
Do we exceed rails and rock on for a few more years?
Do we experience an unrelated calamity that interrupts it, even if demand and ROI end up not being an issue?
No one really knows.
All we know for certain is that major infrastructure buildouts have typically been followed by a crash, a hangover, or years of under-earning, because the spend ran way ahead of the payoff.
The bust isn't always acute, either.
The 1956 Federal Aid Highway Act triggered an unprecedented construction boom, followed by a long-term economic and structural bust of deferred maintenance, decaying urban centers, and a depleted Highway Trust Fund. It didn't pop overnight.
That doesn't mean any of these booms were mistakes. Are railroads bad? Is the internet useless? How would we get around without freeways?
Nor does it mean you should have not invested in them.
All it means is that we - as humans - tend to overindulge, until we're forced to not do so.
Be careful of gurus/furus on X who are going all-in on AI only. Many (most?) were not investing going into 2008, nor dot-com. Some weren't even pre-Covid! They may look smart today, as hitching onto a major secular theme always does... until it doesn't.