10Lun
Very well prepared!
I'm just wondering: how does this new knowledge help me with my investing?
I'm just wondering: how does this new knowledge help me with my investing?
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10Lun
@Epi It may deter some people from investing prematurely in emerging markets, for example, "because they still have so much economic growth ahead of them."
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@Epi
That's why I've given up making predictions.
I prefer to stay in the hype-driven crypto market. Always remember that what has no EPS can never be overvalued. 😅 As far as we know, gold and Bitcoin could be 1000% higher tomorrow, it just needs a good story.
With shares, a high valuation is much more difficult to justify. But people are already doing their best *cough* $TSLA $NVDA *cough*
If you want to take something from it, in the long term it has been good to buy cheap in the past when the economy doesn't look so great... who would have thought that... have you ever heard of this ominous "Middle Kingdom", which is supposed to be cheap right now... 😂
That's why I've given up making predictions.
I prefer to stay in the hype-driven crypto market. Always remember that what has no EPS can never be overvalued. 😅 As far as we know, gold and Bitcoin could be 1000% higher tomorrow, it just needs a good story.
With shares, a high valuation is much more difficult to justify. But people are already doing their best *cough* $TSLA $NVDA *cough*
If you want to take something from it, in the long term it has been good to buy cheap in the past when the economy doesn't look so great... who would have thought that... have you ever heard of this ominous "Middle Kingdom", which is supposed to be cheap right now... 😂
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10Lun
@PowerWordChill do you think a P/E ratio of 92 for NVIDIA is too expensive? Some here don't 😂😅
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10Lun
@PowerWordChill you've convinced me, I'm moving 😂🚀
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@mhu The P/E ratio of 92 is irrelevant as it only takes the past into account. I am copying another comment I made a few days ago:
PS: Before the Cisco Tech Bubble example from the year 2000 comes up. They were at a P/E ratio of 200 at the time, so they could easily have doubled in value
"NVIDIA is currently valued at a P/E ratio of ~85, but based on a forward P/E ratio, the P/E ratio is then only ~31.
That is the same forward P/E ratio as Microsoft and even slightly cheaper than Amazon at ~32 (which is currently at around 60).
Tesla, which is also popular here, is currently at 45 and forward at 44.
Only Meta at 20 and Alphabet at 19 are currently "cheap" on a forward basis.
Will it all turn out like this? Nobody knows, but there are certainly reasons why the share is where it is at the moment."
Additional info: NVIDIA has generated ~45 bn revenues in the last 12 months (TTM). Mark Zuckerberg announced in mid-January that they want to own 600,000 AI chips from NVIDIA by the end of 2024. That alone corresponds to a turnover of ~10.5 bn.
And that's just from one company.
PS: Before the Cisco Tech Bubble example from the year 2000 comes up. They were at a P/E ratio of 200 at the time, so they could easily have doubled in value
"NVIDIA is currently valued at a P/E ratio of ~85, but based on a forward P/E ratio, the P/E ratio is then only ~31.
That is the same forward P/E ratio as Microsoft and even slightly cheaper than Amazon at ~32 (which is currently at around 60).
Tesla, which is also popular here, is currently at 45 and forward at 44.
Only Meta at 20 and Alphabet at 19 are currently "cheap" on a forward basis.
Will it all turn out like this? Nobody knows, but there are certainly reasons why the share is where it is at the moment."
Additional info: NVIDIA has generated ~45 bn revenues in the last 12 months (TTM). Mark Zuckerberg announced in mid-January that they want to own 600,000 AI chips from NVIDIA by the end of 2024. That alone corresponds to a turnover of ~10.5 bn.
And that's just from one company.
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