Quote · The Diary Of A CEO with Steven Bartlett
Billionaire's WARNING: I'm SELLING. The Crash Is Already Here!
Where this was said
Will AI Become The Next Financial Bubble?
At 4:22 · chapter starts 2:34
Bartlett introduces Grantham, who describes his investing philosophy: a longer time horizon, higher abstraction, and a focus on what people are missing — especially humanity's dangerous short-term optimism.
The AI investment bubble is the biggest in American history. Every major bubble — railroads, the internet — follows the same pattern: a genuinely great idea attracts so much money that overvaluation becomes extreme, and the bigger the idea, the bigger the bust.
Despite going up 6-7 times before the crash, Amazon fell 92% during the tech bubble collapse before eventually inheriting the retail world.