The Importance of Multiple Contraction in Stocks

For most stocks over 10 years or something, it doesn't take much more than a decline of 70% or something. There's no stock we've talked about today that can't drop 70% in terms of the multiple tomorrow with the earnings the same or higher. NVIDIA is actually not a very large company. But you know, so it is possible when you kind of do the math on okay, how big could it get? How big could that part of our economy get and everything? It's possible you could grow 15% of your faster. But you have to do that just to get even.