The problem with this is unfortunately that if you miss the perfect moment you’re in for a catastrophic loss. If you’re not an insider it’s not worth the risk. We all know it’s going to happen, but it’s near impossible to predict when, from the outside. Those companies could manage to keep themselves alive in a financial circlejerk for a long time and the current environment of complete lawlessness in the US does not help in making it predictable either.
Comment on Please please please
Natanox@discuss.tchncs.de 22 hours ago
At this point it might not be the worst idea to bet against Nvidia or OpenAI, if you can do it at the perfect moment.
RedstoneValley@sh.itjust.works 19 hours ago
AlecSadler@lemmy.dbzer0.com 21 hours ago
I would agree with a bet against OpenAI, but not Nvidia.
cRazi_man@europe.pub 21 hours ago
Lol… Predicting the stock market? That thing that everyone has tried to do and no one has ever been successful at?
Quetzalcutlass@lemmy.world 20 hours ago
Warren Buffet came close, by virtue of investing in stocks based on the quality of a company’s product and the brand loyalty of their customers. The sad thing is this was considered a novel and innovative method of investing and didn’t really catch on despite him becoming a hundred-billionaire through this strategy.
vrek@programming.dev 13 hours ago
The problem is most people don’t want to be hundred billionaires in 20 years, they want to be 10 millionaires by the end of the month. To do that you don’t go for great products, you go for good products you can make sound great to other people and hope other people are stupider than you.