Three transformative technologies. In the first two cases, those who built the infrastructure were not market victors in the long run.
See 6. Past Boom Winners in Why the AI Spending Spree Could Spell Trouble for Investors
Will the story of AI form the third stanza of this rhyme?
Railroads, Internet & AI
Moderator: Aitrus
Railroads, Internet & AI
“The genius of investing is recognizing the direction of the trend – not catching the highs or the lows.”
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
- Dean Witter
"Put all your eggs in one basket and then watch that basket."
- Andrew Carnegie
Re: Railroads, Internet & AI
At 70 y.o., AI is exciting and a fast money maker, but I’m more concerned with the circular financing shenanigans (Financial “Ouroboros”). Too many interconnected parts (chips, data centers, energy, ROI, etc.) that might have a devastating effect on this market trade. Quite surprised that the SEC hasn’t done a deep dive; or maybe they have just looked the other way.
Fund Prices2026-04-16
| Fund | Price | Day | YTD |
| G | $19.83 | 0.01% | 1.24% |
| F | $21.00 | -0.14% | 0.55% |
| C | $113.05 | 0.26% | 3.23% |
| S | $106.82 | 0.28% | 6.39% |
| I | $61.42 | 0.02% | 10.69% |
| L2075 | $11.78 | 0.18% | 6.20% |
| L2070 | $13.49 | 0.18% | 6.20% |
| L2065 | $22.75 | 0.18% | 6.20% |
| L2060 | $22.76 | 0.18% | 6.20% |
| L2055 | $22.76 | 0.18% | 6.21% |
| L2050 | $43.76 | 0.14% | 5.32% |
| L2045 | $19.71 | 0.13% | 5.08% |
| L2040 | $71.06 | 0.12% | 4.84% |
| L2035 | $18.48 | 0.11% | 4.56% |
| L2030 | $60.42 | 0.10% | 4.00% |
| Linc | $30.02 | 0.05% | 2.65% |