That-Whereas3367
That-Whereas3367 t1_jecdmty wrote
Reply to How bears feel rn by NeedThoseGains69
LMAO. The S&P500 has to rise 1000 points just get back to the September 2021 high (inflation adjusted).
That-Whereas3367 t1_jeccn9v wrote
Reply to comment by BeautifulNo6680 in I guess it's true... Stonks only go up. by thegreatgumbini
Only if you ignore inflation. The market takes 15-30 years to fully recover from a recession in real terms.
That-Whereas3367 t1_je500rn wrote
Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn
NASDAQ is not a tech index. It's full of retailers, utilities, freight companies, O&G companies and food manufacturers.
https://markets.businessinsider.com/index/market-capitalization/nasdaq_100?p=2&op=1
NASDAQ won't double - let alone 10 bag.
That-Whereas3367 t1_je0win6 wrote
Reply to comment by SeemoarAlpha in What is a sucesssful rate of return for an options trader. by Aimadness
Jim Simons would disagree.
That-Whereas3367 t1_jdl7fvu wrote
Reply to comment by mclovin891 in Still waiting Cathie by CalyShadezz
Sold TSLA to buy SQ.
That-Whereas3367 t1_jacjmoi wrote
Reply to comment by cletus_ in S&P 500 is overvalued; risk-reward unattractive at current levels - JPMorgan By Investing.com by Insider_Research
Tipranks is total BS. A few years ago I saw saw one guy who had about a 90% success rate. But Tipranks gave him an extremely low rating even though he had already sold the stocks (and had a sell rating) before they went down.
That-Whereas3367 t1_jab4av3 wrote
Reply to comment by Sudden-Baker-9943 in Polestar way undervalued ev stock by roaring_alpaca
Polestar cars are great. But the corporate structure is suspect.
That-Whereas3367 t1_ja8c0e3 wrote
Translation: "Please buy our shitty growth stock so we can invest in Blue Chips."
That-Whereas3367 t1_ja87i9s wrote
Reply to Polestar way undervalued ev stock by roaring_alpaca
PSNY is a subsidiary of Volvo. Geely Holdings (a private Chinese company) owns 82% of Volvo. But Geely has a MC of only USD15B. Something doesn't make sense (Hint the Volvo and Polestar valuations are total BS).
That-Whereas3367 t1_j9pj9x0 wrote
Reply to comment by Puzzleheaded_Sir1273 in Why don't you just give up? Generally once people lose 50% of their investment they give up and sell everything. by [deleted]
His children are regards -not rentoids. They live rent-free in the attic.
That-Whereas3367 t1_j9p0yt2 wrote
Reply to comment by [deleted] in NVIDIA Free Cash Flow Massively Down. -53% for Twelve Months Ended by FI_investor
The major cloud providers have huge excess capacity of GPUs sitting idle.
The GPU upgrade cycle is ~10 years (The 2012 Kepler series has recently been deprecated) .
TPUs give an order of magnitude better price performance than GPUs for AI.
Anybody expecting a rush of purchases is deluded.
That-Whereas3367 t1_j9oxq21 wrote
Reply to comment by plompkin in NVIDIA Free Cash Flow Massively Down. -53% for Twelve Months Ended by FI_investor
The GTX 980 was equivalent to ~$720 The same as a RTX 4070.
The Titan was the equivalent of the 4080 16GB. They are the same price inflation adjusted.
GPUs don't cost more. People just ignore inflation.
That-Whereas3367 t1_j9ot0on wrote
Reply to comment by [deleted] in NVIDIA Free Cash Flow Massively Down. -53% for Twelve Months Ended by FI_investor
Jensen said "AI" dozens of times. Doesn't that count?
That-Whereas3367 t1_j9o83ss wrote
Reply to Profit after 5 years by SandwichOk8222
IMO you ill have <5K.
These companies are all past their peak and massively overpriced. eg NVDA is trading at >25x tangible book value and has a p/e of ~90.
That-Whereas3367 t1_j9nzwgc wrote
Reply to comment by plompkin in NVIDIA Free Cash Flow Massively Down. -53% for Twelve Months Ended by FI_investor
If you adjust for inflation flagship prices have barely increased. eg The GTX Titan cost the equivalent of $1300 in 2014.
That-Whereas3367 t1_j6mbj9m wrote
Reply to comment by mlamping in Mercedes vs Tesla Self Driving by mlamping
A human brain literally has >10 orders of magnitude more processing power than an 'autonomous' vehicle.
Anybody who thinks FSD is is just a matter of more data and lines of code is a fucking idiot.
That-Whereas3367 t1_j6ma2g2 wrote
Reply to comment by ChapoRoad in Mercedes vs Tesla Self Driving by mlamping
That's a $15K option.
That-Whereas3367 t1_j6ma0eb wrote
Reply to comment by AKblazer45 in Mercedes vs Tesla Self Driving by mlamping
Unfortunately everybody copied the idea.
That-Whereas3367 t1_j6lz2de wrote
Reply to Mercedes vs Tesla Self Driving by mlamping
MB literally invented the car. They developed virtually every significant safety feature in the industry (ABS, crumple zones, traction control etc) and allowed anybody to use their patents. I think they know more about safety then Felon Musk.
That-Whereas3367 t1_j6hk714 wrote
LMAO. They are making the plastic enclosures. Literally back alley technology.
That-Whereas3367 t1_j5eemje wrote
Reply to comment by clarence_worley90 in The dichotomy of FT by Johs92
Yogi. He's quote "Smarter than the average bear."
That-Whereas3367 t1_j2fmaez wrote
Reply to comment by MDFer123 in TSLA decline is over, opening a violent rally! Those who are bold make money, those who are timid watch! by OwenLiu0810
LOL. Mathematics isn't your strong point. Even if TSLA insured every car they sold in the US (literally impossible} they would generate less than $2B a year in insurance premiums and make about $80M gross profit. That would value the insurance buiness at only $1.5B.
TSLA fanbois live in a total fantasy world.
That-Whereas3367 t1_j2fbhvl wrote
Reply to comment by jahwls in TSLA decline is over, opening a violent rally! Those who are bold make money, those who are timid watch! by OwenLiu0810
Before rocketing to $50.
That-Whereas3367 t1_j2fb2r2 wrote
Reply to comment by MDFer123 in TSLA decline is over, opening a violent rally! Those who are bold make money, those who are timid watch! by OwenLiu0810
Nearly every large car maker has an insurance and finance division. None of them are worth a tiny fraction of $100B.
That-Whereas3367 t1_jeceeg2 wrote
Reply to comment by justknoweverything in The European Union strikes back against cryptocurrency and imposes strict limits on transactions above €1000 by Wega58
You are incredibly naive. Governments already track all crypto transactions. They can ban mining, shut down domains, ban banks from converting to cash and seize wallets. The final option is making possession of crypto a crime. In that case 99% of users will stop using it and the value will plummet.