@infantrydort In LOTR, the shire spent so long sheltered from evil that it began to think evil did not exist.
The west is like the shire.
We must save the shire.
Creative and dangerous. NVDA is not a bank and shouldn't be supporting customers and suppliers financially. If there's a downturn, there will be a negative feedback loop that will drain NVDA of their cash right when they need it. Leave banking to bankers who know what they're doing. Banking has reserve requirements and has a line of credit to the Federal Reserve, if needed. NVDA has none of that.
Many people ask me how I left Islam and embraced Christianity. I didnโt do anything difficult; I simply used my mind, and I found myself outside of Islam. I read the Bible, and when I reached the fifth chapter of the Gospel of Matthew, I found myself believing in Christ. That is the story, in short.โ๏ธโค๏ธ
Am I to understand that NVDA has been financing its customers chip purchases? It doesn't take a PhD to see the inherent risk in that. They are not a bank and don't have a credit line to the Fed. What if demand falls short and NVDA doesn't have enough cash to continue operations? Anyone see the movie "Margin Call"?
@franfran2424@NOTimothyLottes He doesnt have to be hands off with the technology, just hands off everything else. I know some founders personally that are too involved in the day to day, dont want to give up any control, and it hurts the business growth.
@nypost What a shock. Sports broadcasting is one of those jobs you can do for a long time. At age 64, he was just getting warmed up. Sympathy to his family.
@TropicBeaches@vikingzfanpage@TomPelissero@KFAN1003 It makes sense. One is just starting his career, the other is at the end. It takes 3 years to learn the NFL QB job, and even then, the failure rate is over 50%.
@JBoatwater@atrupar This is what he learned from his father and Roy Cohn. Never back down and always accuse others of that which you are guilty of doing.