I could see multiple places with phrases like Bubble
But I don't completely buy into bubble
Like back in 2000 we don't even got a computer or internet everything was a story over our head
But today each one of us uses 3 devices on average everyday
I personally believe ChatGPT help to orchestrate information very well this is on the positive side
On the negative side
Like Michael burry mentions - money goes in loop between Nvidia oracle and other no real revenue s
And his concerns over depreciation
Howard marks recent letter spark to concern
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But at the end of the day it is something beyond our control
We can't fit market int valuation multiple beyond a point
We are at the mercy of capitalism
One thing we have to accept if big institutions willing to crash yes đ we will no option
Be prepared
Prepare your allocation
Cash flows
Shortlist opportunities
Empires are built during bad times
Be cautious and safe
Cut down leverage
No penny stocks meme stocks
No 100 PE stocks
Be careful let's meet again !
Have a blast
Halle Christmas
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