Nvidia PE ratio: 44

I do hope they crash so that I can buy as much as possible at a discount.

4fterd4rk 11 hours ago | parent | next [-]

Them being far above the median PE ratio for the S&P 500 tells you that a future correction would be a discount and you should buy? Please walk me through your logic on this one.

	▲	Joel_Mckay 8 hours ago \| parent [-]
		Every gambler thinks they can time the market, and buy the dip. In general, they often get stung by the dead cat bounce, =3 https://en.wikipedia.org/wiki/Dead_cat_bounce

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linkregister 9 hours ago | parent | prev [-]

This implies you think a crash would be a temporary mispricing of the stock, which will recover in value, correct?

	▲	Joel_Mckay 8 hours ago \| parent [-]
		While I am no fan of NVIDIA, they are effectively a Monopoly for CUDA GPU. This means that cash revenue will likely remain high long after the LLM hype bubble undergoes correction. The market will eventually saturate as incremental product improvements stall, and demand rolls off rather than implodes. =3