AI Crash Proofing: A Portfolio Diary

The AI ETFs have been doing rather well, admittedly. The Global X Artificial Intelligence & Technology ETF (AIQ) has outperformed the S&P 500. But it had a wobble recently, didn’t it? A little shudder. Down 11% in a matter of days. It’s recovered a bit, but it’s enough to make one reach for the herbal tea and re-evaluate life choices. So, I’ve been thinking. What if the AI party does end? What if it’s not all self-driving cars and robot assistants, and more…a very expensive digital paperweight? I’ve been making lists, naturally. It’s what I do when I’m stressed.

The Illusion of Perpetual Ascent

It is a curious thing, this human tendency to extrapolate present fortune into infinite future gain. We are, by nature, creatures of habit, prone to mistaking the temporary ebb of hardship for a permanent triumph over fate. The year 2022, a season of justifiable lament—a decline exceeding twenty percent—served only to sharpen the subsequent ascent, to fuel the delusion that a correction had been vanquished, not merely postponed. The slowing of inflation, the tentative pause in the Federal Reserve’s relentless tightening—these were seized upon not as prudent signals, but as confirmations of an inevitable, upward trajectory.

HYPE’s Wild Ride: Silver Linings and Falling Wedges

According to the scribes at crypto.news, Hyperliquid (HYPE) vaulted to a three-week pinnacle of $27 on Tuesday, during the quiet hours of Asian afternoon. At this height, it stands 31% above its weekly nadir, a testament to its resilience in the face of market whims.

Buffett’s Sweet Dividends

Now, Mr. Buffett isn’t one for gushing. He’s more of a slow-chewing tortoise of a fellow. But he did single out two companies, into which Berkshire had plonked a rather hefty $1.3 billion each. These weren’t just any investments; they were, he hinted, rather important to Berkshire’s extraordinary success. And, wouldn’t you know it, they were now coughing up dividends amounting to nearly half of that original investment. A most satisfactory state of affairs, indeed.

The Streaming Crucible: A Market’s Reckoning

The intervention of Paramount Skydance, a complete bid for Warner Bros. Discovery, introduces a further complication – a scramble for dominion over content creation. The rebuffing of Paramount, the lawsuit, the proxy battle… these are not the actions of rational actors engaged in sound business practice. They are the contortions of entities wrestling for position in a rapidly shifting, and increasingly precarious, ecosystem. The surge in Warner Bros. Discovery’s valuation, a doubling in mere months, is not a testament to its inherent worth, but to the speculative fervor that now dictates so much of market behavior. The stock now trades above both offers, a phantom elevation built on air and anticipation. One must ask: what fundamental value justifies such a climb?

Figma: A Seed in Barren Ground

Patience in the Market

There’s a tendency, you see, to write things off when they falter. To assume the seed has spoiled before it can take root. But sometimes, the most promising growth happens in the leanest soil. And that, perhaps, is where Figma finds itself now.

Opendoor: A House of Cards (and Maybe Some AI)

Now, they’re in the real estate business. Which, let’s be honest, is already a bit of a comedy. People paying a fortune for…boxes. But with better plumbing. And the Federal Reserve, bless their hearts, started hacking away at interest rates. Six times! A little optimism, they say. A little. It’s like offering a Band-Aid to a guy who’s fallen off a cliff. But hey, a gesture is a gesture, right?

QQQ: A Long Haul in the Silicon Shadows

The QQQ has done well. Very well. A five hundred and fifty-eight percent return in ten years (as of January twenty-second). A grand invested in January of sixteen would be six thousand, five hundred and eighty today. Twenty point eight percent a year. Hard to argue with numbers like that.