Subject: Re: A thought about AI
It does look toppy, when and if anything will happen knowbody knows, if they get timing right it's by luck.

I've given up listening to Dallio and Marks as they often change their opinions from one interview to the next and are often wrong (from my study of them the last 5 years) they often say something and later adjust the timeframe/ water it down or just get it completely wrong eg saying they're in China then theyre not. I think as long as they're getting coverage and everyone's talking about their opinions, that's their modus operandi and it's good for business.

Personally, im out of Alphabet it's run up since. Thats fine. I think about investment on a sliding scale, future returns are a lot lower. Now I'm more in retail, apparel, pizzas and student accommodation. A year ago I'd never have thought that but here I am. Driven by valuation and possible returns going forward with a 3 year view. Rinse and repeat.