Tilting away from the S&P 500

 I'm putting the last scheduled post "The Fraud of Money" on pause just briefly to get one bonus blog post in before hand. That might be overstating what is about to transpire here, which is, I saw this Youtube video by Hank Green and it has me thinking about lessening my exposure to the S&P 500, which I am doing gradually. Originally I was going to make a podcast episode about it. I don't know how realist that is, but I did what to at least share the video. 

Some thoughts

As I have said before, I don’t believe in making large movements in and out of the market. It generally is pretty tough if not impossible to time the market. That said, I don’t think you should totally ignore market conditions either. Instead we can use current conditions to help us strategically reallocate funds to suit the current climate. 

I’m going to introduce to you a scenario, a possible future outcome.  In this potential version of the future, the benefits of AI are not concentrated in a handful of stocks (as they are now with Nvidia, Microsoft, Google, etc.) These AI models are largely commodities, Gemini, chatgpt, copilot, etc, all work very similarly and do similar things. Owning an AI model has been a big driver in this current mania. In the near future, at least in this economic scenario, the benefits of AI will be felt widely, and companies are able to reach new levels of efficiency using AI.

Here are two more pieces of content that reference this video. What do you think of them? Did you want a whole episode of the show in this?

https://moneyfortherestofus.com/536-ai-bubble/

https://www.youtube.com/watch?v=AwOy_n4zD6A