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Ep 393. NVDA’s Valuation, Oil Outlook, SRG’s Liquidation, and Event Driven Investing

Focused Compounding

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The Problem With Overvaluation in the Industry

With a company like this, the question does become, is the future going to be brighter for them or worse? Because if you attract a lot of asset growth, then it could be worse. It's very hard to believe that this stock could do anything other than lose you money over 10 years or something. But that's usually what happens. So all these numbers that we're seeing 30 sometimes sales will be three times sales 200 times P will be 20 times PE and so on.

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