Quote Originally Posted by ValueNZ View Post
I think you ought to study the history of the stock market. There are endless examples of absurdly priced companies that fool many people into buying due to hype and ignoring fundamentals. Personally I believe (so does Bloomstran - you'd be wise to follow his advice) that Nvidia draws parallels to Microsoft in 1999 with its high P/E ratio, hype, and absurd growth assumptions built into the price. I think Nvidia will go down in the history books as one of these absurdly priced companies where countless people lost a sh1t ton of money.
Just popping this gem into the Nvidia thread.