3 reactions
ifrtoNvidia the “most important company in the world”
I haven’t posted Nvidia fluff in a while and I’m getting sick of threads “what happens when the world economy collapses and we all use coconuts as currency—Costco sells coconuts!”
Quotes from:
https://www.marketwatch.com/story/nvidia-is-the-single-most-important-company-for-investors-these-numbers-prove-why-71c9d8f1?g=e63f0ff5-bd3f-409f-8f48-6c11e39009b1&mod=djem_mwnbulletin
> DataTrek Research took a look at Nvidia’s influence in light of the stock’s 4.7% drop in Tuesday trading. Nvidia represents 6.84% f the S&P 500
so the researchers calculate that Tuesday’s decline accounted for 42% of the index’s drop.
> That ties in with a recent observation from the DataTrek team, which is that Nvidia’s stock isn’t immune from big swings, even as the company has seen its market capitalization swell to $3.26 trillion, below only Apple Inc.’s 3.51 rillion.
That’s kind of what I want to talk about. I’ve made millions off Nvidia. And you Ai haters and ETF buy and bury (your heads) have also made money off Nvidia unless you’re holding the one ETF that doesn’t have it (coconuts ETF?).
The stock indeed dropped 4.x % yesterday on what I mostly considered no news.
As I say, sometimes the market is up because the market is up. Sometimes it’s down because it’s down. And of course that applies to individual stocks as well.
So I bought a simple call option. Get a little leverage in there.
19.6% eturn is what I made.
I did not buy at the absolute bottom nor sell at the absolute top. But they were both pretty close.
19.6% or a day’s work. Scaling to whatever money you put in—within reason you coconut billionaires.
And my point is this is Bob’s Near-Silicon Microprocessors BNSM based out of his grandmothers garage in Branford, New Hampshire.
This is a three trillion dollar company. It’s not a bad company to take a risk on.
And it’s to be argued above that it’s THE company to take a risk on. Again, whether you like it or not or want to or not. You still are in some fashion. Unless you got all your coconuts with BNSM—okay, no more coconut jokes, I swear.
So am I tooting my own horn cuz I gambled right? Sort of. But I say it wasn’t a gamble. I say it was pretty much a foregone conclusion it would bounce. A day? Two? A week? That’s the gamble.
And kicking the bushes like this inevitably brings out the angry bears who say it’s been in a 2+ decade bubble and any second now it’s gonna pop. Just a couple decades of luck.
And I’ve made millions off Nvidia. And 19.6% n a day. I think I get a dime every time someone predicts global meltdown and Nvidia implosion. So by all means, keep predicting.
I’m just still amazed I can get 19.6 that easily off that good a company with that little risk. In a day.
#business
source
I haven’t posted Nvidia fluff in a while and I’m getting sick of threads “what happens when the world economy collapses and we all use coconuts as currency—Costco sells coconuts!”
Quotes from:
https://www.marketwatch.com/story/nvidia-is-the-single-most-important-company-for-investors-these-numbers-prove-why-71c9d8f1?g=e63f0ff5-bd3f-409f-8f48-6c11e39009b1&mod=djem_mwnbulletin
> DataTrek Research took a look at Nvidia’s influence in light of the stock’s 4.7% drop in Tuesday trading. Nvidia represents 6.84% f the S&P 500
so the researchers calculate that Tuesday’s decline accounted for 42% of the index’s drop.
> That ties in with a recent observation from the DataTrek team, which is that Nvidia’s stock isn’t immune from big swings, even as the company has seen its market capitalization swell to $3.26 trillion, below only Apple Inc.’s 3.51 rillion.
That’s kind of what I want to talk about. I’ve made millions off Nvidia. And you Ai haters and ETF buy and bury (your heads) have also made money off Nvidia unless you’re holding the one ETF that doesn’t have it (coconuts ETF?).
The stock indeed dropped 4.x % yesterday on what I mostly considered no news.
As I say, sometimes the market is up because the market is up. Sometimes it’s down because it’s down. And of course that applies to individual stocks as well.
So I bought a simple call option. Get a little leverage in there.
19.6% eturn is what I made.
I did not buy at the absolute bottom nor sell at the absolute top. But they were both pretty close.
19.6% or a day’s work. Scaling to whatever money you put in—within reason you coconut billionaires.
And my point is this is Bob’s Near-Silicon Microprocessors BNSM based out of his grandmothers garage in Branford, New Hampshire.
This is a three trillion dollar company. It’s not a bad company to take a risk on.
And it’s to be argued above that it’s THE company to take a risk on. Again, whether you like it or not or want to or not. You still are in some fashion. Unless you got all your coconuts with BNSM—okay, no more coconut jokes, I swear.
So am I tooting my own horn cuz I gambled right? Sort of. But I say it wasn’t a gamble. I say it was pretty much a foregone conclusion it would bounce. A day? Two? A week? That’s the gamble.
And kicking the bushes like this inevitably brings out the angry bears who say it’s been in a 2+ decade bubble and any second now it’s gonna pop. Just a couple decades of luck.
And I’ve made millions off Nvidia. And 19.6% n a day. I think I get a dime every time someone predicts global meltdown and Nvidia implosion. So by all means, keep predicting.
I’m just still amazed I can get 19.6 that easily off that good a company with that little risk. In a day.
#business
source
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