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Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.

The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.

Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.

Published October 6, 2026 · Category: Finance

Overview

The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.

Source

Originally published at www.marketwatch.com.

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