Money & Economics

David L

IPCT Contributor
Joined
Aug 2, 2019
Messages
8,850
Reaction score
23,529
Location
USA

bigredfish

Known around here
Joined
Sep 5, 2016
Messages
19,403
Reaction score
54,053
Location
Floriduh
Dont get me wrong, I understand all of the downsides to buying pet rocks. But it does seem to be a good store of value in turbulent times. And if it were to spike to say $3500+ I'd be a seller of 1/2 my holdings.

I'm good with 5% maybe a little more of the total pile btw. Gotta leave room for ammo, bourbon and cat food!
 

bigredfish

Known around here
Joined
Sep 5, 2016
Messages
19,403
Reaction score
54,053
Location
Floriduh

David L

IPCT Contributor
Joined
Aug 2, 2019
Messages
8,850
Reaction score
23,529
Location
USA
I'm guessing everyone saw this?


Buffett Calls The Top: Berkshire Quietly Dumps Half Its Apple Shares Amid Unprecedented Selling Spree
Wonder if this is because of Nvidia...

We have a family member that works for HP who is part of a project with Nvidia that includes a 100 million dollar GPU setup, yes 100 million. It is for some AI Project/Sell some company bought from HP. GPUs have a better design structure for AI, Mining, so this is why Nvidia surpassed Apple, Microsoft, Intel, etc.
 

bigredfish

Known around here
Joined
Sep 5, 2016
Messages
19,403
Reaction score
54,053
Location
Floriduh
Top