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The 2023 Bull Market Has Further To Run | Weekly Round Up

Inflection Point

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The Future of AI Robots

There's no way you should pay $220 for a dollar of earnings, no matter how big AI is. We've talked about C3 AI, right? And the stock won't go down because it's ticker symbol is AI. They incinerate cash. So they burned almost three quarters of a billion dollars in their life. The stock is up like 300% this year. That's insane. But what stops it? Because a short seller that tried to short that has been carried out. What I'm saying is we're in that mania phase where we have total willing suspension of disbelief.

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