61–70 of 86 posts
All you have to do for next 3 years is just put blinkers on and remain laser focussed. Ignore everything they throw at you and remain committed in this once in a life opportunity to be part of the movement that will change the world.
All you have to do for next 3 years is just put blinkers on and remain laser focussed. Ignore everything they throw at you and remain committed in this once in a life opportunity to be part of the movement that will change the world.
What do I do after I have my blinkers on?
> “When will the internet bubble burst?” the cover story of Barron’s asked on March 20 2000. “That unpleasant popping sound is likely to be heard before the end of this year.” Again—the internet was a bubble, and yet it eventually far surpassed even the frothiest expectations. If you're investing for the short-term, do what you gotta do. The AI bubble will burst and lots of superficial companies will be washed away.…
If your portfolio of 100 internet companies in 2000 included 99 that went under and AMZN, you'd still be well above water after many years of being below water. The problem today is that essentially nobody IPO's anymore so it's basically impossible to own 100 AI companies to ensure you include the next AMZN. NVDA is likely the CSCO of AI companies, but what's the AMZN?
The fact that we’re talking about warning signs the bubble is about to burst indicates the bubble is not about to burst lol.
All you have to do for next 3 years is just put blinkers on and remain laser focussed. Ignore everything they throw at you and remain committed in this once in a life opportunity to be part of the movement that will change the world.
Earlier quoted context omitted.
> Given how much capital has already been committed to infrastructure development I find it very unlikely that even a Black Monday style market correction will do much to alter the medium and long term outlook for ai development and investment. So let's bet on sunken cost fallacy? That didn't work out during the dotcom era. When people talk about the bubble is mostly about ending the LLM hype, not making everything a…
It kind of did, Facebook, YouTube, Google, were all enabled by the massive internet cable infrastructure investment laid in the 90s.
Earlier quoted context omitted.
Pretty telling how you dismiss what appears to be the majority opinion online just because it’s a majority opinion. Irrational exuberance is defined in the context of market participants. On a wealth adjusted basis commenters online make up a very small % of shareholders in AI related tech stocks. At least on HN many users are engineers meaning they are close to the metal so to speak whereas the people making investm…
Reddit/HN/X/etc are jam packed with tech workers with $hundreds of thousands of dollars in tech equity. I'm not sure what you're talking about, this board is quite literally the highest income community on the internet. Given the tone of your comment, it doesn't sound like reasoning from first-principles logically, but instead reasoning from an emotional feeling and working backwards. It sounds to be like you're hopi…
All you have to do for next 3 years is just put blinkers on and remain laser focussed. Ignore everything they throw at you and remain committed in this once in a life opportunity to be part of the movement that will change the world.
NVidia’s PE is below 60 and they have 100% year over year revenue growth. A bubble is typically based on future earnings potential Nvidia is a money printing growth creating machine.