Jeremy Grantham: Fast Forward A Few Years, Everybody Is Doing AI, Aren’t They? (opens in new tab)

Artificial intelligence spending, concentrated market leadership, and relentless momentum in mega-cap technology stocks continue to dominate investor attention. ‘ The belief that a handful of companies can sustain elevated growth and profitability indefinitely has pushed valuations higher, even as broader concerns surrounding competition, market concentration, and long-term returns receive far ... Read More