Comment by janalsncm

There are plenty of real applications that Nvidia is fueling. Things that make money. There will be a reckoning for the hype men, but there is a good amount of value still there.

(As always, the task of the hype man isn’t to maintain the bubble indefinitely, but just long enough for him to get his money out.)

There are more fundamental issues at play, where I see stock price fairly divorced from actual, tangible value, but the line still goes up because people are going to keep buying tulips forever, right?

It sucks because I think investing in the stock market takes away from dynamic investment in innovative startups and real R&D, and shift capital towards shiny things.