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Global market crash

mitchell76

Well-known member
Aug 10, 2010
22,231
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WHY IS THE UNITED STATES DEPARTMENT OF JUSTICE TRYING TO TEAR DOWN THE BEST COMPANIES IN THE WORLD? How does it make sense to go after $NVDA & $GOOGL given how much PROSPERITY AND WEALTH they have created for the country? “Nvidia is a monopoly” FOR 30 YEARS THEIR STOCK DID NOTHING AS THEY DEVELOPED THEIR MOAT Now when they finally see the fruits of that labor…and are at the EPICENTER of AI (which is the only reason GDP is up this year), we want to investigate them? How is this not literally deciding to destroy our own economy….these companies worked for decades to finally get the rewards AND THEIR TAX DOLLARS literally fund the DOJ…too much success and now it’s time to go after them? Customers can’t choose a better GPU than $NVDA because other companies did not have a founder like Jensen who washed dishes for years at Dennys before working for the next 30 years to get to this point…other companies not being able to offer better chips is not Nvidia’s fault…it should be seen as a testament to how strong Nvidia was in their pursuit of developing intellectual property (which is all legal!!!!) to have the pricing power they have today. How do you justify this?
 
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Gstep

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Dec 15, 2018
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WHY IS THE UNITED STATES DEPARTMENT OF JUSTICE TRYING TO TEAR DOWN THE BEST COMPANIES IN THE WORLD? How does it make sense to go after $NVDA & $GOOGL given how much PROSPERITY AND WEALTH they have created for the country? “Nvidia is a monopoly” FOR 30 YEARS THEIR STOCK DID NOTHING AS THEY DEVELOPED THEIR MOAT Now when they finally see the fruits of that labor…and are at the EPICENTER of AI (which is the only reason GDP is up this year), we want to investigate them? How is this not literally deciding to destroy our own economy….these companies worked for decades to finally get the rewards AND THEIR TAX DOLLARS literally fund the DOJ…too much success and now it’s time to go after them? Customers can’t choose a better GPU than $NVDA because other companies did not have a founder like Jensen who washed dishes for years at Dennys before working for the next 30 years to get to this point…other companies not being able to offer better chips is not Nvidia’s fault…it should be seen as a testament to how strong Nvidia was in their pursuit of developing intellectual property (which is all legal!!!!) to have the pricing power they have today. How do you justify this?
Tell us you bought a shit ton of NVDA at the peak without telling us you bought a shit ton of NVDA at the peak. 🥴
 
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mitchell76

Well-known member
Aug 10, 2010
22,231
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Tell us you bought a shit ton of NVDA at the peak without telling us you bought a shit ton of NVDA at the peak. 🥴
No I didn't buy NVDA at the peak. However, I might eventually buy the CIBC CDR of NVDA instead??

https://cibccdr.com/?utm_source=google&utm_source=google&utm_medium=search&utm_medium=cpc&utm_campaign=depositary_receipts&utm_campaign=CDR&utm_id=CDR&utm_term=nvda cdr&utm_content=ResponsiveSearchAd&gad_source=1&gclid=Cj0KCQjw8--2BhCHARIsAF_w1gxmwm6YJAhofW39TnVIQ41yU0G1HDi7XIfrxbXsUJbOmGZxfen5i1oaAt_HEALw_wcB

 
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jeff2

Well-known member
Sep 11, 2004
1,599
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The main problem with these things is the currency hedging fee.

CIBC makes money hedging the CDRs—and that costs investors 0.60% of the value of their CDR holdings per year.

Also, I remember way back I had XSP(hedged S & P 500) and the tracking error one year was huge.
 

faveone

This is just a hobby
May 1, 2002
884
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GTA
And gold hit record highs this week 😉
 

Vaad

Member
Sep 24, 2024
66
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8

WHY IS THE UNITED STATES DEPARTMENT OF JUSTICE TRYING TO TEAR DOWN THE BEST COMPANIES IN THE WORLD? How does it make sense to go after $NVDA & $GOOGL given how much PROSPERITY AND WEALTH they have created for the country? “Nvidia is a monopoly” FOR 30 YEARS THEIR STOCK DID NOTHING AS THEY DEVELOPED THEIR MOAT Now when they finally see the fruits of that labor…and are at the EPICENTER of AI (which is the only reason GDP is up this year), we want to investigate them? How is this not literally deciding to destroy our own economy….these companies worked for decades to finally get the rewards AND THEIR TAX DOLLARS literally fund the DOJ…too much success and now it’s time to go after them? Customers can’t choose a better GPU than $NVDA because other companies did not have a founder like Jensen who washed dishes for years at Dennys before working for the next 30 years to get to this point…other companies not being able to offer better chips is not Nvidia’s fault…it should be seen as a testament to how strong Nvidia was in their pursuit of developing intellectual property (which is all legal!!!!) to have the pricing power they have today. How do you justify this?
Everytime huge companies have been broken, big oil at one point for example, the pieces only increased in value much higher than anybody thought. If you find Nvidia a sound company , I would say it's a huge opportunity to get in when it would go down
 
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