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Editor’s Note: Whenever Wall Street gets excited about a new theme, everyday investors need to be careful.
And right now, few themes are generating more excitement than the next wave of AI IPOs. Cerebras just went public… and bigger names like SpaceX, Anthropic and OpenAI may not be far behind.
I understand why investors are interested. These are some of the most talked-about companies in the world. But as I’ve learned over my career, excitement is not the same thing as opportunity.
That’s exactly why, over the past few days, I’ve been sharing essays from my InvestorPlace colleague Jonathan Rose. Jonathan doesn’t try to predict every headline months in advance. He looks for where the money is already moving.
