Ross Gerber Invokes the Tortoise and the Hare to Explain Difference Between Investing and Betting Amid AI Fund Collapse: 'It Is About Understanding Risk'
Investor Ross Gerber said the AI fund collapse highlighted the dangers of leverage, not a failure of the AI investment thesis.
A smart investor explained that some people lost money by betting big with borrowed money on AI stocks, not because AI itself is bad. When you use borrowed money to invest, you're taking a huge risk—like running instead of walking—and small mistakes become big problems.
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