Fund Manager: Wall Street Is Using the Wrong ‘E’ to Judge AI Valuations
On a recent episode of the Animal Spirits podcast titled Talk Your Book: AI Is Not a Bubble, Alger portfolio manager Dr. Ankur Crawford made a deceptively simple argument that cuts against most of the current debate over AI valuations: investors are arguing about the price-to-earnings ratio without first agreeing on what the earnings actually ... Fund Manager: Wall Street Is Using the Wrong ‘E’ to Judge AI Valuations
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