This Time Is Different

This Time Is Different


Yes, AI Is in a Bubble

October 15, 2025

But that doesn’t mean the bubble will pop soon.

Ricky Mulvey and Malcolm Ethridge kick off their new show, “This Time Is Different”. They discuss: 

- What the Shiller PE ratio reveals about the stock market. 

- Circular dealmaking among AI companies.

- Why Ricky is putting more of his long-term savings in cash and bonds.

- Peter Lynch’s investing lessons for 2025.  

Hosts: Malcolm Ethridge and Ricky Mulvey

Engineer: Mark Lamorgese

References: 

Bloomberg article on the AI bubble: https://www.bloomberg.com/news/articles/2025-10-09/why-experts-are-warning-the-ai-boom-could-be-a-bubble

Peter Lynch on The Compound and Friends:  https://www.youtube.com/watch?v=YIlurDigZcY