To the Editor: Lauren R. Rublin's article highlighting 16 biotech stocks with the potential to perform well in the near future was terrific ("Innovation Is Driving a New Bull Market in Biotech. 16 Ways to Play It, From Our Roundtable Experts," Cover Story, Sept. 25). It's an exciting area to watch, and I'm looking forward to seeing which of these companies ultimately delivers. I think I'm going to take a shot.
Martin Blumberg Melville N.Y.
Dan Fuss' Advice
To the Editor: Dan Fuss certainly has the credentials ("The 'Buffett of Bonds' Hasn't Retired Yet-and He Has Advice for These Tumultuous Times," Income Investing, Sept. 25). He notes that "it would take a team of oxen to make me buy a 20-year bond." Though he leans toward the five-year bond, another tenet is that he "favors bonds that go up in price." The five-year isn't there. What does this portend for preferred stocks and real estate investment trusts? These have an even greater negative correlation to rates than his hated 20-year bond. It would take something "stronger than a locomotive" for me to buy these sectors.
Harvey Rosen Brooklyn, N.Y.
Wait for Act Two
To the Editor: The key difference between artificial intelligence and prior industrial revolutions is that AI could replace the mind as we know it ("The AI 'Jobpocalypse' Isn't Happening. Here's What the Data Actually Shows," Sept. 23). It is first being sold for its efficiency, but we are only in the first act. Wait for Act Two, when the plot will start to reveal itself.
Joe Gulesserian On Barrons.com
AI Scams
To the Editor: "How to Protect Your Retirement Savings From AI Scams and Cyber Threats" (Retirement, Sept. 23) raises questions about the safety of investor assets in these uncertain times. Of particular interest is the comment on diversifying the entities that hold these assets, such as brokerage firms, banks, et al. Your readers might find of further interest how these firms are protecting themselves, client data and assets, and clients themselves in the event of a natural or man-made interruption or disaster, and how long it might take to resume limited and/or normal operations.
Art Horwitz Naples, Fla.
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