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by ffsm8
9 days ago
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> shorting Tesla or Nvidia at the worst possible moments - and eventually closing his hedge fund... He just didn't take to heart that the market can stay irrational for longer then he could stay solvent. Both Tesla and Nvidia valuations are irrational from a market perspective. Doesn't mean they'll crash within the next months or even years, but it wouldn't be surprising if they did |
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Different levels though. NVDA P/E is 31 which is slightly high but not crazy. The AI datacenter investments might dry up and then earnings drop, but who knows. So it's defensible, at least.
TSLA is in another universe though, P/E of ~360!
I am convinced spacex will acquire TSLA just to avoid seeing it crash.