We Asked GMO’s Head of Asset Allocation Why This Bubble is Easy — But Investors Will Get it Wrong

Where this was said

How today compares to the 2000 internet bubble

At 19:56 · chapter starts 19:08

Ben Inker contrasts today's market with the 2000 bubble, arguing that while fewer stocks trade at insane valuations, AI CapEx may be creating an earnings bubble by flattering profits before depreciation arrives ^{[1] — Ben Inker "When Microsoft spends $200 billion on data centers, that spending becomes someone else's revenue immediately — but the depreciation is spre…" 21:43 Play} .