Asks about the short-term market selloff and what's happening this week.
Romaine Bostick
Sinead Colton Grant
AI is the fourth industrial revolution. We're seeing an assessment of potential disruption, leading to money coming off the table before real winners are identified, similar to past disruptions like dot-com and streaming.
Asks if the software selloff and reaction to AI advancements is a normal shakeout during big economic transitions.
Romaine Bostick
Sinead Colton Grant
It's not a rising tide that lifts every boat. The key is identifying companies embedding AI into daily activities to become more efficient; they will soar ahead.
Asks if the software selloff is an overreaction, given AI threat isn't new.
Katie Greifeld
Sinead Colton Grant
Not all tech names are equal. We're in a memory super cycle due to AI server demand, with capacity depleted for 2026. Smart money uses this time to identify long-term beneficiaries.
Asks if Bitcoin wipeout correlates to traditional risk assets.
Katie Greifeld
Sinead Colton Grant
Bitcoin is a supercharged tech investment, so correlation with tech moves isn't surprising. Bitcoin's realized vol is 50-60%, so such moves are not unusual.
Asks if Bitcoin's decline presages further unwind across other asset classes.
Romaine Bostick
Sinead Colton Grant
Short-term, possibly. However, we remain constructive on US economy and markets. This represents a broader opportunity. Rotation is important.
Asks which sectors to avoid.
Katie Greifeld
Sinead Colton Grant
Healthcare remains challenging due to exposure to broader political risk that's hard to quantify.