Beyond the Buildout: Where Cheap Intelligence Creates Lasting Value
Transformative technologies share a common, paradoxical trait: the cheaper they get, the more valuable they become. Cheap coal and then cheap oil spurred the industrial revolution, turning energy into physical work, expanding the economy’s work capacity, and creating industries that were previously inconceivable.
The Quiet Majority Keeps Compounding
Markets are often at their most persuasive when they are at their narrowest. The story becomes easy to see, easy to repeat, and increasingly difficult to ignore.
AI, Deflation, and the Next Economic Chapter
At Riverbridge, it is our mission to deliver investment strategies that endure, and to help our clients Invest With Endurance.
Investing with Endurance in the GenAI Era
In 2019, professors Bradford Cornell and Aswath Damodaran published a research paper that coined the phrase “The Big Market Delusion.”
When it Comes to AI, Enduring Value Lies Beyond the Infrastructure
After a brief pause, equity investors returned to the well of AI in the second quarter.
Tariffs Provide Opportunity For Companies To Demonstrate Adaptability and Resiliency
Tariffs have prompted market volatility as investors attempt to parse the potential implications on inflation, supply chains, corporate profits, interest rates, and economic growth.
Healthcare’s Challenges Present Significant Opportunities for Investors
Healthcare has been a broadly disappointing sector for investors in recent years. Unsurprisingly, many of the largest and longest-lasting impacts of the COVID-19 pandemic have been concentrated in the industry, from nurse and physician shortages, to unpredictable utilization of healthcare services, to a volatile biotech and life sciences funding environment.
Will AI take my job?
The most common question we receive about artificial intelligence is unrelated to investments: “Will A.I. take my job?” Given Hollywood’s tendency to cast an AI future in a negative light (think Terminator, I, Robot, The Matrix, and Wargames), it is not surprising that our collective thoughts trend toward pessimism.
After the Hardware Boom: Long-Term Value Creation in the Generative AI Era
The modern technology stack can be visualized as an advanced jet airplane. Computer hardware is the jet engine and the fuselage; the chips, servers, and networking gear that provide the power and backbone for flight.
A Long-Term Focus on Companies Capable of Benefiting From Change
Narratives and themes regularly influence parts of the economy and financial markets. Occasionally, such themes become so dominant that, for a period, they disproportionately drive groups of stocks, both positively and negatively.