I am 99.0% percent sure that the AI bubble burst is coming. I was only 95% sure until very recently.
Does this mean that this investment spreads the bubble burst risk into people's pension funds? (those lucky enough to have such a thing) Or, not necessarily?
I would think so. I don't think pension funds are always exactly smart money. They have lot of pressure to make numbers work so they are after anything that sounds reasonably like it will make them work. And that can work until it does not.
Pension funds, banks, etc, are never smart money. They aren’t allowed to be.
They are required to pick based on some defined formula which the various stakeholders signed off on, and hence are prime juicy targets for people trying to game systems.
They also took the ‘08 mortgage crisis right in the shorts, for the same reasons.
I am 99.0% percent sure that the AI bubble burst is coming. I was only 95% sure until very recently.
Does this mean that this investment spreads the bubble burst risk into people's pension funds? (those lucky enough to have such a thing) Or, not necessarily?
I would think so. I don't think pension funds are always exactly smart money. They have lot of pressure to make numbers work so they are after anything that sounds reasonably like it will make them work. And that can work until it does not.
Pension funds, banks, etc, are never smart money. They aren’t allowed to be.
They are required to pick based on some defined formula which the various stakeholders signed off on, and hence are prime juicy targets for people trying to game systems.
They also took the ‘08 mortgage crisis right in the shorts, for the same reasons.
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Knowing that an AI bubble bust is coming is not magic.
Knowing when it will burst is.