If you shorted Nvidia back when you started complaining, you would not be any richer or better-off today. I'm not an AI maxi, but you've let your own emotions poison your understanding of the AI market segment.
Grab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.
Nvidia -0.01%. the descent has started!
At least AI is not depressed all the time and trying to make everyone lose their money
Shorting Nvidia this late into the game would just reward the people going long on the stock, perpetuating the bubble with your own hubris.
Nvidia P/E ratio 34.47. should be 10.
It can get even higher.
I can remain irrational far longer than AI stocks can pollute nature, pillage earth and cause drought and heat related fires.
Today is the Terminator AI moment.
> I can remain irrational far longer than AI stocks can pollute nature
AI, pollution, eminent domain and global warming will all outlast you.
> Today is the Terminator AI moment.
Try mid 1990s, the earliest deployment of autonomous-kill weapons like the Patriot System and CBU-97 SFW.
> Humans are better than AI. Sure.
> sell our AI stocks... and pop the AI bubble
Not sure it works that way, unfortunately. e.g. index funds
Routes. Resources. AI. Accelerated Infrastructure. What is there to not like?
I don't like the AI datacenters, Sam Altman and Claude slop.
Standing reminder: The market can remain irrational longer than you can remain solvent.
My intuition tells me I am right about this one.
Your intuition has been telling you this same thing for years, now:
https://news.ycombinator.com/item?id=45530497
https://news.ycombinator.com/item?id=44203174
https://news.ycombinator.com/item?id=41093016
If you shorted Nvidia back when you started complaining, you would not be any richer or better-off today. I'm not an AI maxi, but you've let your own emotions poison your understanding of the AI market segment.
Another standing reminder:
LONG position: potential losses (FIXED), potential gains (INFINITE)
SHORT position: potential losses (INFINITE), potential gains (FIXED)
Grab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.