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He called the collapses of both Valeant Pharmaceuticals and Nortel before they happened, and now he has some thoughts on AI. We talk about asking better questions, reading the fine print, the role of short selling, and what it means to be wrong. We explore why AI gives you information but not insight, why cheap risk is often the most expensive ...
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Shane Parrish on Instagram: "What if the AI revolution follows the same pattern as the dot-com bubble, with circular investments masking fundamental weaknesses until the music stops? Forensic Accountant Anthony Scilipoti discusses how accounting blind spots create investment disasters, why AI amplifies rather than solves analytical problems, and what the current market euphoria shares with past collapses. He’s not always right but he did call Nortel and Valeant before they imploded. Anthony Scil
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