Core Insights - The article highlights the significant gains in quantum computing stocks, with companies like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. experiencing increases of up to 1,490% over the trailing year, yet billionaire investors are favoring Alphabet as a more stable investment in this sector [4][5][22]. Quantum Computing Industry - Quantum computing is described as a transformative technology capable of solving complex problems that classical computers cannot, with potential applications in drug development, weather forecasting, and cybersecurity [6]. - Boston Consulting Group estimates that quantum computing could generate between $450 billion to $850 billion in global economic value over the next 15 years [7]. Investment Trends - Despite the impressive performance of quantum computing stocks, billionaire investors have largely avoided these companies, preferring to invest in Alphabet, a member of the "Magnificent Seven" [5][14]. - Historical trends indicate that early-stage innovations often experience bubble bursts, as seen with the internet boom, leading to cautious investment strategies among billionaires [10][12]. Financial Metrics - The trailing-12-month price-to-sales (P/S) ratios for IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. range from 130 to 2,661, indicating potential overvaluation compared to historical standards [13]. - Alphabet, on the other hand, is seen as a safer investment due to its established and profitable operating segments, including Google and YouTube, which provide substantial cash flow [15][20]. Alphabet's Position - Alphabet has a market capitalization of approximately $3,903 billion and maintains a strong position in the internet search market with a share of 89% to 93% [16][18]. - The company also has a significant presence in cloud services, with Google Cloud generating over $60 billion in annual run rate sales [19]. - With $98.5 billion in cash and equivalents, Alphabet is well-positioned to invest in quantum computing without jeopardizing its existing operations [20].

What are you seeing in the private markets in certain isolated instances that maybe reflect some anxiety that we're getting in the public markets. Well, I'm old enough that I lived through the last bubble, Caroline. And history doesn't repeat itself, but it rhymes.Yeah. And there's definitely some rhyming going on like me. And the valuations are high and they're high early.The thing that's different is, my goodness, is there galactic level growth in these startups. The demand is amazing and it sort of start ...

Investment Platform & Community - Qualtrim is a stock analysis platform with over 11,000 paying members [1] Investment Strategy & Portfolio - The author's investment approach focuses on buying high-quality, long-term investments in world-class businesses, viewed as businesses rather than stocks [1] - The author shares his growth and dividend portfolios [1] - The author bought more Mastercard and sold Booking Holdings [1] Market Commentary - Discussion of Ray Dalio & Michael Burry's bubble talk [1] - Google stock went up 6% [1] Disclaimer & Risk Management - The content is for informational purposes only and not intended as investment recommendations; consult with financial advisors before making investment decisions [1] - The author is an amateur investor sharing his experiences and is not a professional investor [1] - Investment decisions should be based on individual income, risk tolerance, personality, timeline, and overall circumstances [1]

Core Viewpoint - Michael Burry has launched a Substack newsletter titled "Cassandra Unchained" to express his bearish views on artificial intelligence, drawing parallels to past market bubbles [2][4]. Group 1: Market Analysis - Burry believes that current markets are in bubble territory similar to the late 1990s tech mania, with investors ignoring profitability concerns and funding large capital expenditures based on the assumption that AI technology will transform the economy [2][4]. - He references past comments from Federal Reserve Chair Jerome Powell, who dismissed bubble fears by stating that AI companies are "actually profitable," which Burry sees as reminiscent of former Fed Chair Alan Greenspan's assurances about housing prices before the 2008 crisis [5][6]. Group 2: Historical Context - Burry recalls his own experience during the dot-com boom when he was shorting Amazon, and he now expresses a similar bearish stance on AI leaders like Nvidia and Palantir [6]. - He highlights the historical pattern of policymakers underestimating market bubbles, suggesting that the current situation with AI is echoing past mistakes [4][6].

Industry Trend - Defense tech spending is experiencing a bubble [1] - Many defense tech start-ups are unlikely to succeed [1] Leadership Perspective - Helsing's co-CEO, Torsten Reil, acknowledges the defense tech bubble [1]

Worried about a bubble? Innovator capital has 160 ETFs designed to let you ride the bull market with your seat belt securely fastened. https://t.co/FZEgzOYxdg📸: Nate Ryan for Forbes https://t.co/1BDui5EuKN ...

Market Overview - The current market is perceived as overvalued, with the S&P 500 trading at approximately 2.5 standard deviations above its 50-month moving average, indicating a potential for correction [1][5] - The S&P 500 is heavily concentrated, with 40% of the index in the top 10 stocks and over 35% in the technology sector, raising concerns about future returns [5][10] Historical Context - The comparison to the dot-com bubble of 1999/2000 is significant, as the S&P 500 fell at an annual rate of 14.5% from 2000 to 2002, while the NASDAQ experienced a decline of over 32.6% [4][6] - During the 2000-2002 bear market, alternative assets such as gold, commodities, and certain sectors like healthcare and energy provided positive returns, contrasting with the overall market decline [6][7] Current Investment Landscape - Currently, large-cap value stocks are trading at nearly 17 times 2026 earnings, which is cheaper than the overall index but still not historically low [8] - US high-quality small-cap value stocks are more reasonably priced at about 13 times forward earnings, with mid-cap stocks slightly higher at 14 times [9] - International developed stocks are trading at 15 times forward earnings, with international value stocks at just 11 times, indicating potential investment opportunities outside the US [10] Sector Performance - Recent performance shows that sectors such as healthcare, consumer staples, energy, and real estate have outperformed the S&P 500 and NASDAQ during the recent market correction [11] - Specific ETFs in healthcare and consumer staples have shown positive total returns, while technology and consumer discretionary sectors have underperformed [12][14] Future Considerations - The potential success of AI technology is a key factor for companies that have heavily invested in AI infrastructure, with the risk that current stock prices may already reflect anticipated gains [19] - The market may be experiencing a shift as the initial hype around AI begins to fade, with notable declines in stocks like Meta and Microsoft since their peaks [18][19]

Market & Investment - Concerns exist regarding a potential bubble in AI, similar to the dot-com bubble, due to substantial investments flowing into a limited number of companies [1] - The AI sector is still nascent, requiring significant scientific and technological advancements, thus continued resourcing is crucial [1][2] - The market for AI is expected to expand across various sectors, including software engineering, creativity, healthcare, education, and financial services [2] Technology & Development - AI development faces significant scientific challenges [1] - Scientific and technological breakthroughs require substantial effort and resources [2]

Core Insights - The article compares the performance of an All-Weather Portfolio with the S&P 500, highlighting the significant year-to-date return of 63% for the All-Weather Portfolio in 2025 [1][3]. Group 1: Investment Performance - The All-Weather Portfolio has achieved a 63% year-to-date return in 2025, indicating strong performance compared to traditional market indices [3]. - The S&P 500 serves as a benchmark for evaluating the effectiveness of various investment strategies, including the All-Weather Portfolio [1]. Group 2: Investment Strategies - The Financial Prophet promotes a Covered Call Dividend Plan, suggesting that investors can earn up to 50% on certain investments through this strategy [3]. - The Daily Prophet Report is positioned as a valuable resource for investors, providing essential information before market openings to aid in decision-making [3].

With BTC down almost 80% from peak (from 20K to ~4K) & all other cryptocurrencies down 80% to 99% I rest my case that this crypto bubble went bust for good. I feel vindicated. So I will take a break for a few days from this toxic Crypto Twitter. Waste of time to convince zealots ...