Quote of the Day

"And so for a global investor, what matters is getting exposure to the private AI space. In fact, getting a consensus portfolio within that space is probably a feature, not a bug: you really want to index the market, not make risky prop bets within it. AI beta is global alpha."

(Abraham Thomas)

Chart of the Day

Alternative asset manager stocks are well off their highs.

(ritholtz.com)

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