From early 2022 to late 2022, large-cap tech (Apple, Google, Meta, Amazon) crashed, but when ChatGPT was introduced in November 2022, these stocks formed a bottom and went up despite murky earnings outlook, revealing the market as an extremely smart discounting machine that understood AI as revolutionary.

factualpending

Speaker

Gotham Bhatnagar

Evidence Quote

Early 2022 to late 2022...NASDAQ fell 40%...November 2022 when ChatGPT introduced...large cap tech...formed a bottom...went up...murky earnings outlook...market...smart discounting machine...understood power of AI

Source

4% of Stocks. 100% of Wealth | Gautam Baid on the Brutal Math of CompoundingExcess Returns
Created: 8/11/2026, 6:52:51 AM

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