A couple of thoughts. We do see a lot of these headlines regarding "AI bubble." Some of it is probably not much different than any of the other stuff that is pushed out in the headlines. Everybody wants the title of "being right" at some point if it happens. I know enough to know.... that I don't know enough about it. I think the expectations are sky high. In some ways, I do not disagree with the massive potential sure enough. On the other side of the coin, I do think any little stumble or negativity is amplified a bit. If there is some event or misguidance along the way and a down trend begins, I wonder what the panic level will be on some of these things. I suspect it will be like yelling "fire" at a theater. I think it kind of goes hand in hand with the post above about investing psychology. Know your limits, whatever they may be for you. You can still participate without betting the farm.
Yeah, I held an "active" mutual fund for a long time. It wasn't a bad fund, but the expense ratio was eventually beat like a drum when the competitive expense ratio deal started to catch on. I dropped it for a passive index fund back then for almost nothing. Funny thing was the passive fund is still a mutual fund and not an ETF. It is in a tax deferred account, so no need for me to change now. And yes, taxable accounts can be a bitty even holding one of those with capital gain distributions at the end of the year. It was an older "active" fund too, and the distributions really bothered me. I kicked it out long ago and went with a more tax efficient index fund. A good point on fund placement and looking under the hood.
I have now improved to four stocks GREEN. AMZN has joined the good side of the force. I have a....FEELING....that the markets will slowly improve today. The big averages that are red....NASDAQ and SP500 have improved a bit over the course of the morning. By the way....I am now off the little mid-ocean reef that I hit last week....and am now back to riding the wave.
In REALITY....nothing matters till November 19....when NVDA reports earnings after the bell. Next week...... Wednesday is the big day.
I had a to the large side...medium loss today. Three stocks in the red....PLTR, NVDA, and COST. I also got beat by the SP500 today by....1.03%. It was one of those days when NVDA and PLTR by extension got PUNISHED for something they had nothing to do with......and will NOT impact their business at all. But that is the STUPIDITY of the modern day to day markets. Of course I am talking about....SoftBank.
Here is a wrap up of the markets today....I really dont care....but just in case anyone else does. Dow closes at record high but Nasdaq slips as investors rotate out of technology stocks https://www.cnbc.com/2025/11/10/stock-market-today-live-updates.html personally....I dont see any ROTATION out of tech stocks...today. It was all a traders and speculators response to SoftBank. AND.....HELL NO....it is not "investors" doing anything. "Investors" are NOT day to day traders or market timers. AND...."investors" do not jump on made up one day rotations out of anything.
LOL...time for one quick post. Is This Really a Hated Rally? https://www.carsongroup.com/insights/blog/is-this-really-a-hated-rally/ "It continues to amaze me how fearful many investors get when faced with fairly normal market volatility. Last week, everyone became a market breadth expert and we were told only a few stocks were going up (which wasn’t true). We’ve also been bombarded with scary sounding warnings like Warren Buffett holding record cash, Michael Burry (of The Big Short fame) going bearish on high flying AI names, and large bank CEOs openly calling for a market correction or bear market. If that’s not enough, chatter about something called the Hindenburg Omen (now there’s a scary sounding name) has been everywhere.".........
LOL....make that two. HERE is the impact of.....screens. AND our social and cultural disruption. The Monks in the Casino A brief theory of young men, "the loneliness crisis," and life in the 21st century https://www.derekthompson.org/p/the-monks-in-the-casino
OK....last one. Do gamblers invest differently? https://klementoninvesting.substack.com/p/do-gamblers-invest-differently "People who are at higher risk of problem gambling also tend to trade more in stock markets. So a propensity to gamble translates into investment behaviour."........ "Most people trade less in a low-volatility market, which means that as long as markets remain calm, their returns should be better." BAD news for young men.
