The Importance of Long-Term Growth

The last company to trade over a trillion dollars on the NASDAQ or the S&P prior to Nvidia just today was Tesla. Elon Musk is now in possession of one of the worst trades, I think in the history of the markets taking Twitter public or private at $44 billion. But even by the time he bought it, multiples had aggressively shifted. And if you're buying Nvidia at $400 here in just, you know, on the opening today was trading at $420 and right before they were ordering it, that was for you big guy.