Tim Knight at Slope Of Hope has been doing this for a lot of years, lives in Silicon Valley and has a sort of Zen-like appreciation of what's what: Don't push the river it flows by itself, trying to impose your will on the market will make you poor and bitter etc.
From Slope of Hope, June 13:
Gimme a Pivot!
It’s honestly hard to believe there was a time in the history of the universe that Nvidia behaved like this:
Now, of course, it’s a TRILLION dollar company, almost entirely because of this AI insanity. It wasn’t that many years ago that there was never each such thing as a trillion dollar company, and now it’s becoming commonplace. The bullish arrogance, of course, is absolutely off the charts………
Don’t get me wrong. I do NOT screw with Nvidia. This thing is a merciless beast:
....MUCH MORE
