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Kevin Street
Patrick Boyle
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Comments by "Kevin Street" (@Kevin_Street) on "A Mistake To Avoid!" video.
Not gonna lie, I've lost a boatload of cash this year due to rising interest rates. So I'm hardly in a position to criticize Cathie Wood. But yeah, she's definitely an optimist, almost a carnival barker. GDP growth of 30-50% per year due to artificial intelligence. Wow! At that point the AIs will probably be investing for us, so everyone will behave rationally and it won't be possible anymore to profit from people trying to time the market. What would that look like?
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It's a conflict between human nature and logic. When we see a bunch of people crowding around something we want to see what it is, and when we burn our hand we drop the burning thing. Instinct vs. reason.
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