Investor dubbed ‘AI stock god’ had 56% of his funds in these two stocks before it blew up

An investor known for his savvy AI stock picks had concentrated over half of his Situational Awareness fund in just two stocks, which turned out to be risky as the sector faced a major correction. This high concentration in a few AI-related stocks meant that when the market shifted, the fund took a significant hit. It highlights the dangers of over-reliance on a few high-risk investments, even for someone with a reputation for strong market insights. This episode underscores the importance of diversification in investment strategies to mitigate potential losses during market downturns.