Tag Archives: nvidia
How to Catch a Falling Knife
Like Buffett, we want to buy wonderful companies at a fair price. And the AI story, as far as we can tell, has gotten well ahead of the AI reality. In other words, AI alone doesn’t justify NVIDIA’s peak valuation of $3.3 trillion. Continue reading
Janet Goes to Guangzhou
The S&P 500 closed out Q1 2024, up over 10 percent. But while the S&P 500 was rising day after day one former highflyer was crashing and burning. The Boeing Company closed out the quarter down over 25 percent. Still, it wasn’t the worst performing stock in the S&P 500. That honor goes to Tesla Inc., which declined over 29 percent. Continue reading
Wall Street Clustery
The late Sir John Templeton observed that, “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” Continue reading
