971% of NVIDIA's gains over the past decade has been from multiple expansion.
Margin compression alone could cause a ~90% drop in the stock. Something to think about.
GM crushing the competition in the auto business right now. EVs and SUVs all growing and buybacks at a 5 P/E fueling EPS growth.
The stock market thinks short-term. Your biggest advantage is thinking long-term.
The current stock market hates positive FCF companies that are using cash to back stock at low P/E multiples.
You can guess where I'm finding opportunities.
Tech Stocks 1999: This time is different.
2000: It wasn't different.
Housing 2007: This time is different.
2008: It wasn't different.
3D Printing 2013: This time is different.
2015: Nope
Saas 2021: This time is different.
2022: Nope
AI in 2024: This time is different.
2025:?????????????
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