
"This time is different" may be the most dangerous phrase in investing—but Goldman Sachs is embracing it, claiming today's AI-driven tech boom doesn't fit the script of past financial bubbles.
Despite soaring tech valuations and fears of another dot-com-style collapse, Goldman Sachs' equity strategist, Peter Oppenheimer, pushed back on comparisons between the AI-fueled bull run and previous speculative manias, stating that there are key differences that make this cycle fundamentally healthier.