Eric Balchunas
Eric Balchunas|2月 25, 2026 14:52
This AI is gonna kill software trade echoes the "Death of the Mall" trade from 10yrs ago which was to go long AMZN and short XRT (brick and mortar). ProShares made CLIX, EMTY and ONLN to do trade for you. It worked for a minute but since then XRT crushed them all and the Mighty VOO crushed XRT. Moral of the story: US cos aren't dumb most will adapt/exploit/invest in the new tech a la bricks and mortar offering online shopping. Further, indexes are going to evolve based on who wins and loses = You really can't beat VOO & Chill long-term. Thanks for attending my TED Talk.(Eric Balchunas)
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