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gregoryhinkle

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gregoryhinkle
·8 maanden geleden·discuss
I am going to show you a chart: https://i.imgur.com/q7l3lJt.png

This is a weekly chart of Nvidia from 2023 to 2024. During that period, the stock dropped from $95 to $75 in just two weeks. How would you defend the idea that a major correction wouldn’t have happened back in 2023–2024? Would you have expected a correction at that time? After all, given a long enough timescale, corrections are inevitable.
gregoryhinkle
·9 maanden geleden·discuss
1960: "I have a great idea! lets have every person in the country carry a radio tracking beacon!" "That'll never fly!" 2012: "I can has TWO iphones??"