Black Monday

[winner69]

Leveraged hedge funds playing with bonds going to blow up the financial system big time

https://www.smh.com.au/business/mark...27-p5e7wj.html

[Azz]

The Magnificent Seven can be further broken down into the Magnificent One: Nvidia!

Gain, Year To Date:
-------------------
NVDA ... 187%

META ... 150%
TSLA ... 103%
AMZN ... 56%
GOOGL ... 48%
AAPL ... 36%
MSFT ... 30%
-------------------

[Snoopy]

The Magnificent Seven can be further broken down into the Magnificent One: Nvidia!

Thanks for that Azz. I have added another column of information to yours

	Gain, Year To Date	PE Ratio 27-09-2023
NVDA	187%	101
META	150%	35.8
TSLA	103%	69.3
AMZN	56%	100
GOOGL	48%	28.2
AAPL	36%	28.9
MSFT	30%	32.2

Funny I always associated 'the magnificent seven' with a bald gunslinger in a hat. What I see in the above list are dreams of global domination priced to match. There is no value to be had here. if the price of all seven of those magnificent vanity projects halved tomorrow, you could still make a case for them being overvalued. If I was in a managed fund holding any of those I would be 'goneburger tomorrow'. The 'magnificent flop' awaits....... Come to think of it that bald gunslinger did wear a floppy hat - an omen?

SNOOPY

[Azz]

Thanks for that Azz. I have added another column of information to yours

	Gain, Year To Date	PE Ratio 27-09-2023
NVDA	187%	101
META	150%	35.8
TSLA	103%	69.3
AMZN	56%	100
GOOGL	48%	28.2
AAPL	36%	28.9
MSFT	30%	32.2

I bet you haven't read their quarterly eh. Because they blew expectations out of the water. And they're gonna do it again this quarter. So you've done a schoolboy error with your PE.

[Snoopy]

I bet you haven't read their quarterly eh. Because they blew expectations out of the water. And they're gonna do it again this quarter. So you've done a schoolboy error with your PE.

Quarterly expectations mean nothing when decades of growth are built into the share price already.

SNOOPY

[Azz]

Quarterly expectations mean nothing when decades of growth are built into the share price already.

SNOOPY

You're wrong.

[ValueNZ]

You're wrong.

Huh? Make an argument as to why Snoopy is wrong, don't just state it.

[Azz]

Huh? Make an argument as to why Snoopy is wrong, don't just state it.

No need to argue anything. Let's watch the market work its magic, let's see who's right.

[ValueNZ]

No need to argue anything. Let's watch the market work its magic, let's see who's right.

Your posts make me want to short NVDA out of spite.

I won't because I don't think it's good practice but still it's hard to believe there are buyers of stock out there that throw business fundamentals out the window in favour of "watching the market work its magic".

[Azz]

Your posts make me want to short NVDA out of spite.

I won't because I don't think it's good practice but still it's hard to believe there are buyers of stock out there that throw business fundamentals out the window in favour of "watching the market work its magic".

It's a score. There's no need to discuss anything. What's the share price of Nvidia? What will it be when they demolish the next quarter? What will it be in one year's time? etc