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Someone \*much\* smarter than me explaining my thesis. Through next year anyway. (I/Siri transcribed, barely edited, it’s pretty close) Robert Smith (an obvious alias), founder of Vista Partners, was interviewed on CNBC today and said this: “In software, anytime there’s a new introduction of technology, it goes through some dynamics of disruption. In fact we’ve had nine dislocations similar to this 25-26% reduction in the IGV index over this period of time. If you recall the last major one was …
— ORIGINAL POST ·
Robert Smith on software in the age of AI
· r/stocks
· Mar 26, 2026