00:00 Speaker a
I wasn't sure if I saw these comments from Talkin' Tech Ross, Paul Tudor Jones. Today, Ross told CNBC. What do you think of those comments?
00:32 loss
I don't think we should be so surprised. His comments, yes, look very similar to the late 90s, but there may still be plenty of room for running in this bull market. That's what the stock market history is, right? Boom and bust, right? It's not a straight line at all. Well, you know, in these supercycles, then you go beyond enthusiasm and ultimately, you know that you're too much in revenue, aa stocks of things.
01:13 loss
It looks like a .com bubble because it is a centre technology, but this is the history of the stock market for the past 150 years. This is not so surprising as it was a railroad and a car in the 1800s. III think we are in the middle innings rather than in the second half of the innings to bubble conversion of all kinds of bloom markets. Well, I think I still have a lot of strong basics and revenue. I don't usually see anything like emotions with a blow-off top, right? Even comparing it to today's 2021, 2021 felt anecdotally much more hilarious for me from an emotional perspective. So you know, I agree with the general sense, but I don't think that's that surprising. It's a kind of stock market history here.
02:11 Speaker a
Do you want to broadly rate Loss here? How much have we grown?
02:19 loss
You know, it's expensive, but not crazy. It means it's very different from the late 90s now, but this isn't the original point, but it means that many of these companies at the top of the market, big companies with this price momentum, are starting to make solid money, big moats around the business, and even what's historically beginning to invest in, starting to invest a lot around the business. If so, it might be a meta with that advertising business. This allows you to spend it on AI infrastructure. So, although the rating is growing, if you look at the equal weight of the S&P, it's like a forward revenue of 16, 17. In other words, it is more expensive than history. Well, I don't think so that you really can't enter the market here. Anyway, we know, we know, we know, we know, we know, you know, you know, anyway, we know, anyway, we know, you know, anyway, it's not good at all. So UM II doesn't think it's a concern yet, uh, that's obviously something to keep an eye on.
