A 75-year-old retiree who held 40% of his portfolio in Nvidia is steadily selling his shares. 'The last thing I want to have happen is the bottom fall out,' said Tim Wiklund of Tucson, Arizona. He's not alone in his anxiety.
Retail investors who profited from the artificial intelligence rally are now pulling back, fearing a bubble, according to the Wall Street Journal. Michael Burry, famous for predicting the 2008 housing crash, recently disclosed significant short positions in Nvidia and Palantir Technologies. Meanwhile, individual investors are exiting tech stocks in near-record numbers, shifting their capital into gold and bonds. This defensive rotation raises a pressing question: should others follow suit?
