Since June 19, 2024, $NVIDIA Corp(NVDA)$ stock is down 13.1%. Coincidence?
Sentiment is correlated with a stock's price.
If you want to beat the market, buy great companies when the sentiment around them is bad.
"Do as I say, not as I do." - probably Jensen Huang this morning
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What if you already had more money than you could possibly spend and you could easily borrow against your ~$100 billion stake?
It’s just something to note. Elon sold $Tesla Motors(TSLA)$ in late 2022 as well. Probably a coincidence demand and margins dropped shortly thereafter…
https://x.com/TravisHoium/status/1805258288348422245
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