Even if Michael Burry is right that there’s an AI bubble, it feels like the wrong near term bet to short Nvidia.
During a gold rush, it’s obvious that not every prospector will get rich but it would also be unwise to bet the company selling picks & shovels would fail first.
@carnage4life well… unwise unless there’s a company selling hydraulic mining equipment around the corner, then that’s the company to double down on imho.
Who’s selling the picks and shovels, and who’s selling dynamite and a steam powered drill… much with any bubble I guess we’ll know when it pops and there’s only a few companies cemented enough to survive.
Dare Obasanjo
haifisch