Economist Podcasts Stock options: how to hedge an AI bubble
101 snips
Feb 13, 2026 
Jon Fasman, senior culture reporter, recounts the life and career of literary agent Georges Borchardt. Piotr Zalewski, Turkey correspondent, analyzes Erdogan’s hold on power and possible successors. Josh Roberts, capital-markets correspondent, explains how investors might hedge risks from massive AI spending and a potential market bubble. Short, sharp conversations on culture, politics and finance.
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AI Spending May Signal A Pricey Bubble
- Tech giants plan to spend huge sums on AI, raising fears of an overpriced rally and repeat of past technology bubbles.
- Josh Roberts notes historical tech booms often saw prices outrun profits and investors pick the wrong winners.
Prefer Long-Term Holding Over Panic Selling
- Selling stocks during a boom isn't necessarily wise because prices can keep rising and you may regret exiting early.
- Josh Roberts' safer suggestion is steady investing and long-term buy-and-hold to survive bubbles and crashes.
Hedge Stocks With Stable Equities, Not Just Bonds
- Traditional hedges like bonds may fail when inflation-driven shocks hit both stocks and bonds simultaneously.
- Josh Roberts recommends diversifying into dividend payers, low-volatility stocks, or other stock baskets as practical hedges.
