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.
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.
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
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.
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.
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
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
You divided by revenue, not earnings like the others.
For consistency:
848.45/71.04 = 11.943 years
Edit: same with your Microsoft calculation
Thanks, corrected Microsoft
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