Making Sense of It All

Let's get to the bottom of the whole AI bubble thing. Yes, there's a bubble out there about to burst. And yes, arguments against this can legitimately be held up to the plethora of examples history provides of previous technology bubbles. Simple to say, isn't it. So why do people sit complacently with their AI investments intact? We could speculate on this. "Speculate" because we can't really lodge ourselves into the minds of others. Nevertheless, if we try to make sense of why folks keep hanging on , we might make some headway. Let's start with individuals holding AI stocks in their portfolios, specifically their taxable portfolios, taxable as opposed to "qualified" or pre-tax portfolios. From our professional experience, the issue of "why hold?" lies with the taxable accounts. But let's recap first why that is.  Qualified portfolios include IRAs, 401ks, 403bs, 457 plans, etc. These were funded with pre-tax money (money not taxe...