Cisco's Bubble Bursts

I love the example you give of Cisco and there was a handful of names, Qualcomm. I had dinner last night with Jim Chainos, who's a friend of the pod here. And he was highlighting the similarity with what was going on with Nvidia in the aftermarket as we were dining. So when you see a company like this that is up almost 300% gaining $200 billion in market cap just today, I'm not sure any of those guys are out there buying right now. It's like saying hit me and you have 20 on the table. The FOMO is now in full gear. We're seeing big inflows into equities -- City data saw it last week,

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