{
  "id": 8911148,
  "title": "‘I just want out’: Billionaire Jeffrey Gundlach says you should have ‘almost nothing’ in AI stocks — what to buy instead",
  "url": "https://urgent.news/2026/09/21/i-just-want-out-billionaire-jeffrey-gundlach-says-you-should-have",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T11:30:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/just-want-billionaire-jeffrey-gundlach-113000010.html"
  },
  "original_language": "en",
  "account": "Billionaire Jeffrey Gundlach, CEO of DoubleLine Capital, warns that investors should avoid AI stocks, potentially losing their entire portfolios. Gundlach's skepticism stems from a shift in the AI narrative, sparked by former Anthropic researcher Jacob Coxon's viral post. The AI boom is now forecasted to collapse, according to Gundlach. He compared the situation to a steel mill in Buffalo, New York, in the early 1900s, where initial optimism turned to concerns over injuries and deaths by the Panic of 1907. Gundlach sees a similar mood shift happening in AI, with the \"bright side\" fading as investors discover problems that weren't initially apparent. While Gundlach acknowledges there's still uncertainty about when the AI trade will collapse, he believes it's likely to happen sooner rather than later. He advises investors to distance themselves from AI exposure, recommending a more diversified portfolio with only a small allocation to equities, fixed income, real assets, and \"dry powder.\"",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}