The Secular Plateau | Chris Bloomstran on Why We May Be at Peak Valuations
This episode features Chris Bloomstran of Semper Augustus discussing market concentration, AI capital spending, Berkshire Hathaway, and the risks facing today’s equity investors. The conversation explores whether we are at a secular valuation plateau, how AI investment may reshape returns, and why passive investors may face more risk than they realize.
Semper Augustus Investments
https://www.semperaugustus.com
Topics covered:
Why extreme market concentration in the Mag 7 may create long-term risks
The concept of a “secular plateau” vs a market peak
How AI capex could become a classic capital…
The skinny
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