Post #4348666

I admit I read this article by Notes From The Circus, despite it being on Substack and using AI logos and all. It all makes sense; the AI bubble is unraveling, and Larry Ellison is a major part of it. China plays a huge part in curtailing whatever potential income OpenAI or Anthropic expects to grow into, thus stopping the flywheel from spinning any faster. The dance stops, the margin calls come, the whole thing falls apart. My first thought is: how the heck do I navigate this? I don’t have the guts to short anything. I may have to start realizing some long-dormant gains and moving my investments to bonds or something in anticipation of a rout. My second thought is: Musk must be in the same predicament. His wealth is concentrated around TSLA, and Chinese EV companies are kicking butts in bang for the buck. TSLA is still trading at unconscionable P/E; the music has to stop at some point. https://www.notesfromthecircus.com/p/the-house-of-ellison-is-on-the-brink