💸 In Playa del Carmen for the Blossom Ambassador retreat this week (yay vacation!) but still planning a Monday market update vid 2-9 with more details... 📊 Market recovering a little today but this has been the dumbest reason for a selloff I can remember. Wall Street trying to blame new agent models from Anthropic for selloff and yes software stocks should take a hit as we see AI is replacing their services faster than expected BUT... we've also heard all the hyperscalers (MSFT, AMZN, META, etc) give huge increases to capex spending - just top 5 AI spenders are planning $700B in spending this year... and yet even the AI infrastructure plays $NVDA$AMD$SMCI$AVGO$MU etc fell with tech stocks. Folks, the market is made up of people and sometimes people just wanna act the fool, get into hysterics and do stupid stuff. Sometimes the market just wants an excuse to take profits and shift into fear mode. The pundits and WSJ might try to explain it but that doesn't mean it's right or reasonable. Last year it was 'capex spending by OpenAI and Oracle might not be there... now that we know what AI can do and that spending WILL be there, the market is trying to invent another excuse. It's times like these that make the best dip-buying opportunities because if you calm down and look at the REAL picture (AI infrastructure capex plus fiscal stimulus coming from budget bill last year) then you can see why the bull market will keep charging. Again, updating in more detail in Monday video but continuing to buy the AI infrastrucutre stocks SMCI, AVGO, AMD, ANET, etc along with $ETH on tokenization.
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20 Comments
JC III@roihigh · 6mo
If you were starting with $1500 what would you jump into a long term hold that has good upside or split with riskier options ?
Satwinder Singh@thevalueinvestor · 6mo
I get where you’re coming from, but I think people are right to be worried about the sheer scale of this spending. When capex numbers start getting this massive, it’s reasonable to question returns and sustainability. Calling people’s actions foolish or stupid misses the bigger picture, this feels more like a classic case of the market trying to digest unprecedented investment levels and reprice risk, not just random hysteria.
Scott S@scottsinvesting · 6mo
Not even close to the "dumbest stock selloff in history", at least not IMO...
Dividending @dividending · 6mo
The latest sell off was awesome! It provided such a great opportunity to accelerate wealth creation in a relatively low risk manner- I love buying massive growing companies with enduring business models and enough cash flow to adapt to ever changing environments!
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