To The Moon

$NVIDIA Corp(NVDA)$ The P/E of Nvidia is 222. If I can buy all the stocks of Nvidia right now, it will take me 222 years to recover my investment based on the current EPS. Yahoo Finance stated that its diluted TTM EPS is 1.75 While there is big potential, we should consider investing with a good margin of safety. Personally, i think that I may have missed the window of opportunity for this season. There is a chance that the price of the stock failing to go down significantly for weeks or longer, I did not buy because I have not researched adequately too. For now, I plan to monitor and will watch from th3 sidelines.

The simple answer is Al. Amongst other things, but currently Al is the latest Buzzword on everyone's lips! NVIDIA stock closed near a trillion-dollar market value this week as shares surged 25% following a better than expected earnings report from an artificial intelligence boom globally. This puts NVIDIA at around 160% plus on the year in terms of it's stock price. This in turn attracts late comers to the party. Of course, they were already on the up n up from growth since the Pandemic. The Covid outbreak and lockdowns around the world meant gaming took off in a big way. Cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. To make things 'better' Goldman Sachs analysts now estimate that U.S. investment in Al could approach 1% of the country's economic output

When facing paper losses, an investor has to ask why is the stock price down from when he purchased it. Are revenues and earnings declining for the past few years, or is the decline due to temporary macroeconomic conditions? What is the intrinsic value of the stock? Has the investor over paid for the stock? Is the business a still a good quality business, with a strong economic moat that its competitors struggle to break into? For example, if you look at Apple's annual filing Form 10-K, it mentions that Apple's competitors often sell electronic products are very thin margins, and sometimes those competitors are loss making selling these electronics, in an attempt to undercut Apple's premium pricing. Eventually when the market conditions turn, good quality businesses will eventually recover

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,154.80 points, down -1.71% in the past 5 days.During the last 5 trading days, $Polynovo(PNV.AU)$ was up 10.32%; $Technology One(TNE.AU)$ added 9.90%; $Altium(ALU.AU)$ rose 7.91%; $Nextdc(NXT.AU)$ was up 6.77%; $Wisetech Global(WTC.AU)$ increased 5.20%.1. $Polynovo(PNV.AU)$ rebounded 10.32% after the continuous declinePolyNovo is an Australian company that designs, develops, and manu