Let me be very clear on Nvidia. I‘m holding a long position & I‘ll stick to my geopolitical thesis. I knew that Nvidia had a China problem. Yet, I‘ve decided to stay long on Nvidia because AI and chips are the game changer amid 4IR and you must pick a side in the new Cold War.
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Hedge funds going hard to sow fud into the public. The collateral is gonna get pumped. That means AI, commodities energy etc. inflation is collateral.
They ain't done yet.
The Men in Black (suits) is the personification of the Permanent Power which itself is a description of the bureaucracy of advisors, clerks and militarists that mechanically run the show from behind the scenes, who advise governments of real-world capabilities and restrictions.
Sometimes you just need to leave FinTwit for a minute or two to remind yourself how little the outside world cares about anything we're agonizing over in here.
My best friend is an IT guy in Seattle. American, advanced degree, 50s, male, extremely active social life.
In the past 20 minutes, I have learned that he has never *heard* of any of the following:
›Jensen Huang
›Scott Bessent
›Coreweave
›Anthropic IPO
This place is such a ridiculous bubble.