Investment Warning: Right About the Tech != Right About the Surplus
WhatTheLJW · x · 2026-08-03
Commenting on the current AI hype, the author uses the Cisco example from the 2000 dot-com bubble as a warning. Folks who bought Cisco at 200x in Mar-2000 were right about the internet (traffic grew more than bulls projected) but still lost 85%. You can be maximally long the tech and still skeptical of the price of admission—being right about the technology doesn't mean being right about the surplus.
Related event: Investors Warn: Believing in AI Tech Won't Save You from Valuation Bubbles(2 posts)→
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