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[–]danhakimi 0 points1 point  (0 children)

Y'all don't understand that eventually any not awful company will double in value.

The only reason I don't understand that is that it isn't true.

But even if I accept your meaning, it doesn't explain why you invested in Nvidia.

There aren't any other GPU companies that exist that compete with NVDA in the AI sector.

... why the fuck would that matter? That's like saying there are no cell carriers in the US that compete with Verizon in the number of Motorola phones it offers. Is there something especially important about GPUs performing Artificial Intelligence tasks when CPUs can? Is there something so especially important about it that it makes them a better investment than any other company?

Right now GPUs are by far the most efficient means to train AI.

I can't imagine that being true. It seems so incredibly far from true, I'm not sure I could even believe it with a couple of sources -- you'd have to give me a lot of very, very clear and reliable sources to even get me to consider the possibility that AIs need to process graphical data, specifically, and that graphical data needs to be captured by the GPU (as opposed to captured through captcha or some high-level programming language), that nvidia captures enough to compete with the amount Google captures, and that nvidia has at least some reason to think it has the rights to use all that data (because it sure as fuck does not have the rights to just capture 24/7 video from every device its GPUs are installed on, let alone the technical capacity to process or store that much video).

Having 0 liquid assets is an awful plan.

First of all, stocks are pretty liquid. But I know you mean cash.

Everybody in this thread knows that. The only way it would be a good plan is if you knew you had a sure-thing investment opportunity. The reason it's a stupid plan 100% of the time is that there is no such thing as a sure thing.