Great investors buy things that are unpopular and wait for them to come back into favor. The two most unpopular trades right now are bitcoin/gold and the AI barbell. I explained this morning in the Pomp Letter:
This week @jvisserlabs and I break down the $6 billion Binance hack, what it means for bitcoin, and the rise of AI-driven cyber attacks. We also discuss Anthropic’s S-1, Microsoft’s 60,000-person buyout offer, Eli Lilly’s record quarter, interest rates, the AI bubble debate, and