Black Monday

[causecelebre]

Absolutely. I'll open a bet up to anyone, Berkshire vs Nividia over the next 10 years.

You back from the People's Socialist Republic of Canada?

No one would be dumb enough to take a bet like that. Well before then companies like the SpaceX's, Open AI's, Databrick's and the Anthropic's of this world would have IPO'd and there will be some other flavour of the day. If I want boring I buy BRK. There is a place for boring. If I want a buzz I yolo 0DTE's. Something for everyone and every time horizon

[causecelebre]

Central bankers or economists haven't found solutions to high mortgage, rent and rates inflation. Consumer spending power will go down further. Bad news for businesses.

This shoe will drop at some point

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[ValueNZ]

No one would be dumb enough to take a bet like that. Well before then companies like the SpaceX's, Open AI's, Databrick's and the Anthropic's of this world would have IPO'd and there will be some other flavour of the day. If I want boring I buy BRK. There is a place for boring. If I want a buzz I yolo 0DTE's. Something for everyone and every time horizon

The reality is with equity markets you need a long time horizon, preferably ten years or greater. There is a mountain of evidence to say that trying to make a quick profit by participating in speculation always ends in an inferior CAGR given enough time.

[causecelebre]

The reality is with equity markets you need a long time horizon, preferably ten years or greater. There is a mountain of evidence to say that trying to make a quick profit by participating in speculation always ends in an inferior CAGR given enough time.

Buzzkill. Sure, we all know that and I’m sure many of us are in index funds and hold boring stocks for the long term. Sometimes we need a hit of endorphins and dopamine. You keep regurgitating Benjamin Graham if it keeps you happy. I’ll keep ignoring your posts as it makes me happy

[winner69]

The US Yield Curve has now been inverted for 457 consecutive days, the 2nd longest streak in history. Two more weeks and it will become the longest inversion ever.

And still no recession

[ValueNZ]

Value,
We all have different time frames playing to different drums.
By your chosen name "Value" , suggests long term...
The people driving Nvidia SP are just looking at next week. We are both playing our own games and we both can be right.
It's only a problem when the long termers ( value investors) join in the charge with the next weekers. (Traders)

IMO the only reason any "rational" person would buy Nvidia at these prices is because they believe they can sell it to the next guy for a quick buck in a short time frame. Because anyone with half a brain can see Nvidia is not worth 1.5 trillion unless you assume absurd revenue growth and margin growth for over a decade to get an average return.

But history shows participating in a game of whose the greatest fool is a bad way to make money. In fact for the majority of people they will end up losing money, with the cash being funneled up to insiders and the lucky few who got in early and sold near the top.

[ValueNZ]

Buzzkill. Sure, we all know that and I’m sure many of us are in index funds and hold boring stocks for the long term. Sometimes we need a hit of endorphins and dopamine. You keep regurgitating Benjamin Graham if it keeps you happy. I’ll keep ignoring your posts as it makes me happy

Go to the pokies mate you'd probably get better returns than you're currently getting.

[bull....]

IMO the only reason any "rational" person would buy Nvidia at these prices is because they believe they can sell it to the next guy for a quick buck in a short time frame. Because anyone with half a brain can see Nvidia is not worth 1.5 trillion unless you assume absurd revenue growth and margin growth for over a decade to get an average return.

But history shows participating in a game of whose the greatest fool is a bad way to make money. In fact for the majority of people they will end up losing money, with the cash being funneled up to insiders and the lucky few who got in early and sold near the top.

yes playing the long game is great. eg microsoft , amazon etc made people very rich. no company could compare not even berkshire to those type of stock returns.

anyway amd and nvidia , meta at highs again in 10 yrs who knows might have been very cheap prices in hindsight. the million dollar question

[bull....]

Absolutely. I'll open a bet up to anyone, Berkshire vs Nividia over the next 10 years.

You back from the People's Socialist Republic of Canada?

why not OCA vrs nvidia lol

[Leemsip]

Buzzkill. Sure, we all know that and I’m sure many of us are in index funds and hold boring stocks for the long term. Sometimes we need a hit of endorphins and dopamine. You keep regurgitating Benjamin Graham if it keeps you happy. I’ll keep ignoring your posts as it makes me happy

HA agree Causecelebre. Got a lot of boring stuff but need a good gamble as well to keep things interesting... Cant be 100% pure.
To quote another legend "if I see a bubble forming, I rush in and fan the flames" Soros....