"I think diversification and all the stuff they’re teaching at business school today is probably the most misguided concept everywhere.
And if you look at all the great investors that are as different as Warren Buffett, Carl Icahn, Ken Langone, they tend to be very, very… https://t.co/QrsJCTqT5jhttps://t.co/6QokcOKAUZ
US stocks have been outperforming international stocks for 15 years running, and by a huge margin. The result: we're now more than 2.5 standard deviations above the mean in terms of historical US outperformance.
AI won't replace humans, but people who can use it will
Fears about AI replacing humans aren't completely unwarranted, but it won't be the systems on their own that take over.
"There's definitely going to be a difference between those that use AI and those that don't," Trevor… https://t.co/6bETUHawff