I'm Hannah Frye and as we rely more and more on artificial intelligence in every facet of our lives and businesses,

I'm on a mission to find out how we can build the internet that AI needs.

Learn more later in the podcast.

You can get the news whenever you want it with Bloomberg News Now.

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you listen. Investors have long been taught that fundamentals drive stock prices. Revenue, growth, profits,

as Benjamin Graham taught us, in the short run, the market is a voting machine, but in the long

run, it's a weighing machine. But what if it isn't? What if narratives are driving market valuations? I'm Barry Rittles, and on

today's edition of At the Money, we're going to discuss how to identify when market narratives

overtake fundamentals. To help us unpack all of this and what it means for your portfolio,

let's bring in Ben Hunt of Perseant, Ben's firm studies narratives and the stories that shape markets, investing,

...