Brad Gerstner: No AI Bubble, Semis Eat the Nasdaq & AI's Take Off Problem

Our favorite fifth bestie in the world, the one, the only, Brad Gerstner from Altimeter.

It goes beyond the title with direct discussion of going, year, we're, including: Brad has had an unbelievable career starting five companies, so he's got a very different mentality than your sort of classic hedge fund guy.

1. 01Nasdaq, S&P, Sox, NVIDIA all trading well below their average multiples
2. 02Mag7 basically in line with its average multiple, but not everybody is winning
3. 03This is a market that is being driven by the largest CapEx buildout, the largest super cycle in the history of technology