I thought this was an interesting tidbit. Dude makes a case for a .com-esque AI bubble.
The interesting thing to me was that the Alphabet, Amazon and Microsoft reported an increase of 20B in revenue from AI that accounted for 2.5T in additional market valuation. That is a 120X multiple.
This dude lived through and was wrecked by (according to him) the .com bubble. It's an interesting perspective to listen to.
That would affect me as a proponent of S&P 500 investing. [Reply]
Originally Posted by philfree:
All these people investing in things that will lead to the demise of mankind.
Or maybe investing in the rise of mankind to an interstellar civilization that uncovers the secrets of the universe and maybe, just maybe, then transcends collectively into an omnipotent being that creates its own new universe.
Originally Posted by Rain Man: Or maybe investing in the rise of mankind to an interstellar civilization that uncovers the secrets of the universe and maybe, just maybe, then transcends collectively into an omnipotent being that creates its own new universe.
I have a long-term time horizon.
Or probably not. Maybe you'll be able to enjoy your narrative life delivered by your Neuralink? [Reply]
Man, I thought I was going to get rich today with the NVDA supernova. It was gorgeous and beautiful, but the rest of the market tanked so bad that I ended up the day down by a pretty big amount. [Reply]
ANF has now rocketed its way up into my top five or six holdings overall. It was up 274 percent last year and is up another 110 percent so far this year. It's a hero of the realm. [Reply]
Anyone got any "quick hitter" stocks they like right now? I've got what I call "a fuck around and find out" fund outside of my retirement / other investments. Timed the stupid AMC meme stock just right a few weeks ago and made a quick $2.5K. So that money is just sitting and I'm looking for something else to put my gain into. [Reply]
Originally Posted by RockChalk:
Anyone got any "quick hitter" stocks they like right now? I've got what I call "a fuck around and find out" fund outside of my retirement / other investments. Timed the stupid AMC meme stock just right a few weeks ago and made a quick $2.5K. So that money is just sitting and I'm looking for something else to put my gain into.
Try your luck on earnings beats or misses. Costco and Dell are the big ones today. Dell looks like it might beat, and rumors of Costco stock split on the table. [Reply]
Hog's Gone Fishin 05-30-2024, 07:20 AM
This message has been deleted by Hog's Gone Fishin.
Reason: I'm always wrong, just ask Lew