@KylePorterNS@hbgolfusa Rory- it’s so hard to play at the highest level on Tour for a long time. Scottie is well on his way but it will take a few years to prove he can compete with the longevity Rory has shown.
Dec 2020: @ARKInvest warned Nvidia's AI chip monopoly was cracking — Amazon was rolling out in-house Trainium chips, and they argued hyperscalers (not AMD/Intel) were the real long-term threat. Nvidia was already up 119% that year trading at ~76x earnings.
What happened next?
The stock 17x'd. Earnings outpaced the price. CUDA's software moat outlasted the "custom silicon will eat Nvidia" fears.
The bear case is always easier to write. Take in all of the negative headlines this year - and ask yourself what could go right.
@_raymondwill@Bonobos Golf pants are very light and comfortable. Material rips/snags very easily and the logo comes off after a wash or two. Tees really beat the pockets up. For the price you can get more durable light pants
@fortworthchris True. Flows matter more than fundamentals. The same pattern plays out in RE, PE, SMB: successful operator who made it through cycles becomes more risk averse as they age. Enjoyed the conversation
Update: found it last week. Very pure. Did not realize until I checked the card on 18. Now we run it back. The scariest round of golf may be the one after your best.