that feedback loop between soaring prices and more investment is such a good example of how we mistake momentum for wisdom until reality taps us on the shoulder. seems like every generation needs to relearn that exciting technology and sensible valuation are completely different animals. the tricky part isn't figuring out that ai will matter (i can't imagine it not), it's having the discipline to wait until the price makes actual sense.
Your point about sky high valuations really hits home. While tech names are trading at 50x+ earnings, you've got enrgy infrastructure plays like Antero Midstream sitting at 8x with steady cashflow and 7% yeild. The rotation out of speculative growth into boring cash generators has been understated in this market enviroment.
Great point! The contrast between tech's sky-high valuations and the steady, reliable returns of energy infrastructure plays like Antero Midstream is striking. It’s fascinating how the market is quietly shifting focus from speculative growth to dependable cash generators, especially in this uncertain economic climate. The 7% yield and stable cash flow you mentioned highlight the appeal of these 'boring' investments. It seems like a rotation that deserves more attention
that feedback loop between soaring prices and more investment is such a good example of how we mistake momentum for wisdom until reality taps us on the shoulder. seems like every generation needs to relearn that exciting technology and sensible valuation are completely different animals. the tricky part isn't figuring out that ai will matter (i can't imagine it not), it's having the discipline to wait until the price makes actual sense.
Your point about sky high valuations really hits home. While tech names are trading at 50x+ earnings, you've got enrgy infrastructure plays like Antero Midstream sitting at 8x with steady cashflow and 7% yeild. The rotation out of speculative growth into boring cash generators has been understated in this market enviroment.
Great point! The contrast between tech's sky-high valuations and the steady, reliable returns of energy infrastructure plays like Antero Midstream is striking. It’s fascinating how the market is quietly shifting focus from speculative growth to dependable cash generators, especially in this uncertain economic climate. The 7% yield and stable cash flow you mentioned highlight the appeal of these 'boring' investments. It seems like a rotation that deserves more attention
Thanks for bringing it up!