| Last year, the Oracle of Omaha unveiled his dire commentary on society… "The casino now resides in many homes and daily tempts the occupants." Buffett is referring to how every person in the world can now buy and sell shares with the click of a button on their mobile phone. Which isn’t necessarily a bad thing… But, unfortunately, the average investor these days invests in what’s popular… not necessarily what’s good. People want to get rich now, not in a decade — and so they chase the latest shiny object. And in no industry is this truer than the AI industry. Take earlier this month, for example… China released its new AI, and overnight, hundreds of investors desperately sold their Nvidia stocks — wiping out $587 billion in value from the tech giant. These are the same investors who probably invested at its peak, due to “FOMO” and wanting to “get rich quick.” Today’s investors gamble on stocks like they’re at the slots machine in Vegas — desperately playing over and over, hoping for a win. They buy and sell based on emotions, looking for quick hits of dopamine — always looking for the next shiny object to throw their money at. And that’s exactly why the AI industry is so full of inflated companies and bad picks. It’s also why the world’s savviest investors (like Warren Buffett) are selling their tech and AI shares, and pouring billions of dollars into this out-of-favor, hated sector. Because they know, like I do, that the tech markets are in a bubble. And that when a bubble appears, a pin will also appear… as certain as night follows day… to burst that bubble. AI is no exception. My new documentary explores the background to this pattern and how and why I believe it will almost certainly repeat itself with the AI frenzy. I urge you to watch it before you invest another cent. Again, to be clear, I’m no Chicken Little. Far from it. But I am an experienced investor and I’m here to look out for you and give you the benefit of my experience over the past 30-odd years. And in this film, I’ll show you why there has to be a massive correction, the stocks to avoid, and the jewels in the rough, the stocks you ought to be investing in. Regards, Porter Stansberry |
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