Sure sounds educated to me. Undoubtedly NVDA will not be on top forever. History shows that time and time again. That's why a good investor is brand agnostic. If something better comes along, I will definitely take actions to jump ship. I'm just not seeing that yet. And with Jensen at the helm, NVDA will put up one hell of a fight to stay on top as long as it can. I totally believe that as AI gets more accurately trained, this will be an existential crisis for the workforce. I am not convinced there will be enough jobs to go around once AI really ramps up and cuts into the workforce. Those at the top had better start thinking about the ramifications of having a large population of un(der)employed people with nothing to do, no money to spend, and a lot of resentment. It is not a good outcome.
A MAJOR ANNOUNCEMENT....for the board....I have decided to cook the "CORN PUDDING"...mentioned in the food article above......for thanksgiving. I will do it...... on the day.....to make sure it is fresh. Although now I am debating if it is the type of food that is better if it sits a day.
Oh yes I forgot....the markets today. Not bad......or....pretty good....take your pick. I had a good strong...medium....gain in my seven stocks. I also got a beat on the SP500 by 0.10%. Only a half day to go for the week to be done.
This is an interesting thought above. For all of the giddiness and conjecture associated with the "AI environment", I wonder how many will still hold such excitement for it....if in fact the above occurs or is even more negatively impactful at a greater scale. Another way of putting it in investor related thoughts. All of the monetary benefits would essentially be wiped out over time. Unemployment would rise, spending would decline, company earnings likely would decline, and so on. All would have an effect on economic conditions. Wouldn't that be something? An innovation that initially brought great amounts of money to our stock portfolios....in the end would be responsible for wiping out most of it or casting us into a prolonged bear market that is nasty and deep. Maybe this is the ruin we are ignoring??.
Yes another good day in the market. Maybe this is the beginning march to years end to finish up nice and strong. I extend to each of you a Happy Thanksgiving here and even our friends abroad. I hope you are seated at a table with good food and surrounded by family/friends that make your life a better journey. Give THANKS for all of the blessings that have come your way and just take a moment to enjoy it all.
