As we head into the final month of 2025, our minds should be focused on how to protect our portfolios from downside in 2026. Stock market multiples are at multi-year highs, and in my view, the best way toWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 201 ...