Yup. I’m old-school, I like owning my music. Streaming platforms are notorious for dropping artists due to licensing/royalty disputes, and artists also pull their music from platforms for various reasons as well. I love my Sony NW-50, it’s got room for thousands of tracks in lossless (FLAC) format, and you don’t need an internet connection to listen (great for road trips).

It’s a different mindset; you can still have a huge library, but you get to know your music, since you’re not constantly getting random recommendations. I have a few albums that I’ve absolutely worn out, and it feels a little nostalgic in that way (anyone who grew up with CDs has that one album that you listened to 500 times in your car because you were too lazy to take it out).

If people think it’s a bubble, then it’s a bubble! (Self-fulfilling prophecy.) Google Trends is a decent gauge of public sentiment. That said, the fundamentals are pretty flawed too.

True, but consider that a huge amount of retail investors’ portfolios are tied to the S&P 500/NASDAQ. Think retirement savings, IRAs, 401(k)s, pensions, etc. Then consider that the entire market is effectively propped up by AI right now (see: The entire stock market is being carried by these four AI stocks). If the market gets a 60% correction, it’s going to be the middle class losing their shirts all over again.