Debt Ceiling Deal, The Boycott Craze, and Undervalued Stocks - This Week In Capitalism
Capitalism.com with Ryan Daniel Moran
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The Twelfth Tillion Dollar Valuation of Nvidia
This week, Nvidia became the sixth company in the world to have a trillion dollar valuation. "I love the fact that we have trillion dollar companies right now," he says. If you were to invest consistently a million dollars a year for 50 years just into the S&P 500 at its average rate of return over the last 50 years, you would end up with a billion dollars over 50 years. It might seem impossible right now, but what's possible in five years or 10 years?
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