W

Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.

Business Management
Share
Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.

The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.

Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.


Source:MarketWatch

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Suspicious prediction market activity seen before election poll release: NYT

Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph

Nvidia may face a more hostile post-election Washington: Report

CEO Jensen Huang’s relationship with President Donald Trump probably won’t save the company from a more adversarial Washington, Semafor says.…

Elon Musk opens the door for a big SpaceX acquisition

The rocket and satelliteinternet company is looking to challenge telecom giants. Source:MarketWatch

Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.

AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with…

Source:https://www.marketwatch.com/story/wall-street-is-hyping-ai-this-fund-manager-is-betting-instead-on-fires-hvac-and-berkshire-hathaway-1b70fbea