alt Hacker NewsWhy do people keep bringing up Zitron in these discussions. He's literally just some guy. And with all due respect to Steve Eisman, he's been wrong plenty of times, most recently with bond prices going above 5% being a trigger. And he's still recommending that you should hold SPX or a combination with QQQ like, hilariously, that's supposed to be diversification or something.
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My sentiment exactly, and I'm not exactly an AI fanboy here. I just don't see why he's viewed as some kind of authority or particularly insightful.
Because he has been one of the few people doing actual research on the financials around AI and reporting on exactly why it looks like a massive bubble.
If any boosters can provide the type of evidence that Zitron has I’d love to see it.
People keep bringing up Zitron because they are wishful-thinking that he’ll eventually be right. But yeah, it seems that he’s been plenty wrong so far.