By Brendan Ryan, CFA Partner and Portfolio Manager Key Takeaways: Oracle Ups the Ante in the AI Arms Race If the Tech Bubble of the late-90s had Beanie Babies, the AI bubble of the 2020s now has Labubus[1]. The ugly-cute monster dolls have captured the attention of the TikTok generation and become this era's collectible. The parallels between the two time periods seem to be becoming more and more unmistakable. While it is too early to know which companies or investment deals will be the "butt of the joke†in ...

But I think the big question at this point is how much higher can this market run. Is this rally sustainable. What do you think.So um Alan Greenspan gave his irrational exuberant speech in 1996 and we didn't get the dot crash until like early 2000 to 2002. So it preceded that by four years. I would say that I like to see it cooling off because otherwise it can feel it start to feel like with these high PE ratios it can start to feel like it's irrational like we haven't yet monetized we haven't yet put into ...

Equity markets are once again in a euphoric run, with comparisons being drawn to two historic episodes of excess: the dot-com bubble of the late 1990s and the Roaring Twenties preceding the Great Depression.While AI-driven tech giants continue to push indices to record highs, institutional portfolios remain heavily concentrated in equities.Reminiscing About The Dot-com BubbleAt the turn of the millennium, the internet captured the imagination of investors worldwide. A similar story is unfolding today with a ...