"The CEO of a tech company is much more likely to get fired for not spending enough on AI versus spending too much, because right now, that is the deciding factor."
"A stress test that would be beneficial for investors would be one that warns us of the type of poor decisions we are liable to make when under stress. These are the stresses that will have a predictable impact on portfolio outcomes."
“Investing is about improving your odds of success.”
"The ‘Trump Trade’ should naturally pause after the recent run: investors will need confirmation that the expected policy changes will be met with reality. In other words, the market will move to a ‘show me the money’ phase.”
"A stress test that would be beneficial for investors would be one that warns us of the type of poor decisions we are liable to make when under stress. These are the stresses that will have a predictable impact on portfolio outcomes."
“Investing is about improving your odds of success.”
"The ‘Trump Trade’ should naturally pause after the recent run: investors will need confirmation that the expected policy changes will be met with reality. In other words, the market will move to a ‘show me the money’ phase.”