David GerardFeb 23

Bet against the bubble: Goldman Sachs’ non-AI stock index

‘eliminate the noise introduced by the AI hype’

https://www.youtube.com/watch?v=k0grq0yp9Ic&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260223-bet-against-the-bubble-goldman-sachs-non-ai-stock-index - podcast

time: 4 min 11 sec

https://pivot-to-ai.com/2026/02/23/bet-against-the-bubble-goldman-sachs-non-ai-stock-index/ - blog post

Show threadRobert EdmondsFeb 23

@davidgerard
> For comparison, ProShares’ SPXT, which indexes the S&P minus all the tech stocks, is up about 40% in the past three years.

hmm check out the top 5 holdings of that fund, though

Show threadDavid Kieffer
@edmonds @davidgerard interesting move by GS. I'd be curious to see the holdings of the fund. But yeah, I was just about to comment: top 20% of SPXT is Amazon, Google, Meta, Tesla
Feb 24 at 4:36amWeb