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[–] 32 points 4 months ago (4 children)

We met with my mother's broker a few weeks ago (company rhymes with "Laymond Maims"). My brother expressed his concern about the AI bubble and the broker basically said CEOs are smart people who are legally bound to safeguard their companies and they wouldn't be so heavily invested in AI if there was any chance of its being a bubble.

Just one of the most dumbassed arguments I've ever heard. OK, then how did all the other bubbles in history happen? But it was equally dumbassed of my brother to expect a broker to say anything else. I'll bet he gets a fucking daily memo telling him not to let anybody de-AI their portfolios -- if that's even possible at this point.

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  • [+] 14 points 4 months ago (1 child)
  • [–] 5 points 4 months ago

    Alas, mom is all "they've done such a great job over the years increasing the value of our portfolio". Bitch, the fucking market went through the roof, that's why your portfolio has done so well. It has nothing to do with Draymond Claims. You were in mutual funds the whole time!

    No, I don't actually call my mom a bitch.

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  • [–] 12 points 4 months ago (3 children)

    I would immediately change brokers. That's a level of uneducated and propagandized that is truly dangerous.

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