AI optimists are behaving like investors who got burned in the Great Depression and the dot-com bubble, warns Vanguard’s chief economist

About 100 years ago, electricity began to sweep across the developed world, changing lives and sending stock prices soaring. You don’t have to be an economic historian to know that the Great Depression of the 1930s resulted in part from the unbridled risk-taking of the roaring 20s. Today, it is again difficult to find signs…

Read More

How Warren Buffett Outsmarted Big Tech

Good morning and welcome to the last month of 2024. As Adoption of artificial intelligence accelerated this year, the technology group of stocks known as Seven Magnificent was often in the center of attention. But holding company Berkshire Hathaway is giving big tech a run for its money. At the age of 94, Warren Buffett,…

Read More