The Great AI Panic of 2025: Why Tourists Sold and Owners Just Got Richer
Sorry for ghosting you on Friday – I was suffering full-blown market whiplash and still biting my pillow from the sell-off.
Now that the bruises have faded a bit, let’s dissect the madness of the AI sell-off and what actually happened under the hood.
The headline version: this was not “the end of AI.” It was the classic moment when tourists puked out their positions and long-term owners quietly upgraded their portfolios. The big dogs went on sale while the flimsy stories finally got stress-tested.
And for those who were paying attention: the AI wobble 2.5 weeks ago did not start in a vacuum…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.