Thirst will get you killed in this tape
“There is a new category of companies who have gotten good at implementing AI tools and solutions and these companies are starting to outperform.”
“In 2010, I met Barry Ritholtz, and since 2011, we’ve been helping people make the most of their retirement portfolios. In 2013, we co-founded Ritholtz Wealth Management in New York City with two partners, a bank account, and some big ideas about client service, research, transparency, and accountability. Ritholtz Wealth Management is the culmination of my life’s work. I have poured every ounce of blood, sweat, tears, passion, and determination into making this place a special destination for clients and employees. That work continues day after day. When you talk to my people, you can see and hear it for yourself. Tell us your story and let’s see if we can help you.”

“There is a new category of companies who have gotten good at implementing AI tools and solutions and these companies are starting to outperform.”
“Never before have so many mega-cap stocks looked so bad, all at once.”
“There are hundreds of thousands of people who want to actively trade their own accounts, but millions of people who would prefer to have someone else do it for them.”
“So if I say it’s not a bubble, I’m not saying there won’t be a drop in share prices. I am only saying the vast majority of investors are not recklessly speculating on technology bets that are extremely improbable to have a payoff.”
“In an attention-based economy, the shortcut is to start fights and stir up a tornado. That gains you followers and renown today but it stunts your growth over time and turns people off in the long-run. It’s a bad trade”
“This is an amazing moment, where the entirety of the post-Financial Crisis period is seeing its internal stock market logic being flipped on its head. “
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