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We Have Lost All Sense of Decorum

The Compound and Friends

CHAPTER

How to Decompose the Value of AI

The 10 megacap stocks, they're trading at a forward PE of 30.6 times. Once you move from names 11 to 50, again, by market cap, it drops to 18 and it just continues. The smallest hundred names are traded at 14 times so it earnings. If there is any sort of a hiccup and there probably will be, these names are going to get smoked.

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