The investor who bet against the US housing market in the run-up to the 2007 financial crisis has now placed a significant wager on the collapse of the artificial intelligence (AI) boom.

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[–] 17 points 1 year ago* (7 children)

Nvidia
$4752 B Market Cap
$165 B Revenue
$100 B Earnings
$40 B Liabilities
$140 B Assets

4752/100 = 47 years to pay up market cap

Palantir
$445 B Market Cap
$3.44 B Revenue
$0.79 B Earnings
$7.36 B Assets
$1.34 B Liabilities

445/0.79 = 569 years to pay up market cap

He's not wrong. It's pumped more than in 1998

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  • [–] 10 points 1 year ago (1 child)

    1998 didn't have retail investors, meme stocks or Bitcoin. The entire market turned into a carnival, I'm not sure old rules apply. For fucks sake people are trading futures on NFT's.

    It's the same game, different rules. People nowadays don't care about the shit that made the companies picked by Berkshire Hathaway successful, like brand recognition or quality, they are about, what, glitter and noise? It's naked gambling on how insane it can all get, and I think there's even odds on the bubble going nuclear and us all getting paid with NvidiaBux a year from now.

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  • [–] 1 point 1 year ago

    Bitcoin is basically just gold but digital. It's sucking away investment capital; one of the chief criticisms against it is that deflation discourages business investment.

    Your investment in mutual funds is also an investment in Nvidia which is also an investment in OpenAI. But bitcoin/gold isn't contributing to the value of anything else.

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  • [–] 9 points 1 year ago* (last edited 1 year ago) (4 children)

    More tech companies :

    Oracle
    $713.58 B Market Cap
    $59.01 B Revenue
    $18.07 B Earnings
    $180.44 B Assets
    $155.78 B Liabilities

    713.58/18.07 = 39.48 years

    Google
    $3433 B Market Cap
    $371.39 B Revenue
    $140.07 B Earnings
    $502.05 B Assets
    $139.13 B Liabilities

    3433/140.07 = 24,51 years

    Apple
    $3991 B Market Cap
    $408.62 B Revenue
    $130.21 B Earnings
    $331.49 B Assets
    $265.66 B Liabilities

    3991/130.21 = 30,65 years

    Microsoft
    $3769 B Market Cap
    $281.72 B Revenue
    $123.62 B Earnings
    $619.00 B Assets
    $275.52 B Liabilities

    3769/123.62 = 30,48 years

    Amazon $2674 B Market Cap
    $670.03 B Revenue
    $85.15 B Earnings
    $682.17 B Assets
    $348.39 B Liabilities

    2674/85.15 = 31,40 years

    Meta
    $1602 B Market Cap
    $178.80 B Revenue
    $81.23 B Earnings
    $294.74 B Assets
    $99.67 B Liabilities

    1602/81.23 = 19,72 years

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  • [–] 0 points 1 year ago (3 children)

    Bank

    JPMorgan
    $848.45 B Market Cap
    $175.65 B Revenue
    $71.04 B Earnings
    $4552 B Assets
    $4195 B Liabilities

    848.45/175.65 = 4,83 years

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  • [–] 4 points 1 year ago* (2 children)

    You divided by revenue, not earnings like the others.

    For consistency:
    848.45/71.04 = 11.943 years

    Edit: same with your Microsoft calculation

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  • [–] 3 points 1 year ago (1 child)
  • [–] 1 point 1 year ago

    AMD
    $415.98 B Market Cap
    $29.60 B Revenue
    $2.47 B Earnings
    $74.82 B Assets
    $15.15 B Liabilities

    415.98/2.47 = 168,41 years

    TSMC
    $1522 B Market Cap
    $88.34 B Revenue
    $42.91 B Earnings
    $239.88 B Assets
    $81.82 B Liabilities

    1522/42.91 = 35,47 years

    Aramco ( this one is below 10 yay )
    $1671 B Market Cap
    $461.56 B Revenue
    $193.21 B Earnings
    $659.66 B Assets
    $212.28 B Liabilities

    1671/193.21 = 8,65 years

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