| ▲ | baxtr 7 hours ago |
| They say any man can be seduced by one of these three: money, drugs or sex. Or as Charlie Munger put it: There are only three ways a smart person can go broke: Liquor, ladies, and leverage.“ |
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| ▲ | wolfinterval 5 hours ago | parent | next [-] |
| Munger also didn't mean this in the context of an intelligence operation. This is not just a lapse of judgement from some random encounter on a business trip. Surely a whole team would be dedicated to this operation with whatever resources needed since it will be a tiny investment for the possible payoff. |
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| ▲ | paulpauper 7 hours ago | parent | prev | next [-] |
| I don't think he's at any risk of going broke. At worst he will lose his job and NVDA stock will suffer a brief setback. |
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| ▲ | nostrademons 6 hours ago | parent | next [-] | | Eh, NVDA could be in for some trouble if he's dismissed. He's very much a command & control CEO - his deputies are largely tasked with implementing his decisions, leaving no obvious successor - and the recent history of NVidia is one of Huang continually finding or creating new use-cases for its GPUs that has it keep attaining new heights even after the previous one crashes. There was a time, after the crypto crash of 2021, where NVDA was down about 66%; likewise after the crypto crash of 2018. If nobody finds the next great application of GPUs, we could see NVDA down 90% or more. | |
| ▲ | sheikhnbake 7 hours ago | parent | prev [-] | | I hope he lands on his feet after the dust settles. This job market sucks. Hope his $160 billion net worth will keep him afloat between gigs | | |
| ▲ | paulpauper 7 hours ago | parent [-] | | Even more amazing he is worth so much despite owning so little of the company . Goes to show just how big NVDA is |
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| ▲ | ivanjermakov 5 hours ago | parent | prev [-] |
| Smart person and liquor are not to be put in the same sentence. Perhaps depends on the definition of "smart". |
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