By Mark LaMonica, CFA
Publication Date:
Conventional wisdom is a byproduct of groupthink that presents solutions that are good enough for the average person, but at the same time are not right for any individual. You follow it at your own risk. Every Monday, I’ll challenge the investing norms that may be holding you back from living the life you want.
Unconventional Wisdom: Two Competing Views on the AI Hype
“There’s a fine line between wrong and visionary. Unfortunately, you have to be a visionary to see it.”
-Dr. Sheldon Cooper
There are two recurring character types that fill the pages of history and literature.
There are the visionaries who have the foresight to recognize before anyone else where society is developing. Ridiculed and dismissed along the way, the visionary prevails when his predictions come true.
Then there are the adversaries who defy the crowd and steadfastly hold on to their beliefs. Skepticism is widespread, but there are few real opponents willing to risk everything to…