Nvidia: Why 'Britain's Warren Buffett' and market sage Rob Arnott are skeptical
A growing number of market bears have been quick to point out that the second-mover is the ultimate winner from tech booms.
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A growing number of market bears have been quick to point out that the second-mover is the ultimate winner from tech booms.
“A textbook story of a Big Market Delusion” is how the venerable founder of Research Affiliates called it, citing extreme valuations after the shares quadrupled in just a year.
"Never short-sell bubble stocks when they're on a roll," advises Arnott. "But you don't have to own them, either."
Nvidia shares are up 3.64% in the past 5 days alone, with a market cap now equal to $1.83 trillion, more than Alphabet's $1.82 trillion.
Nvidia shares are up 3.64% in the past 5 days alone, with a market cap now equal to $1.83 trillion, more than Alphabet's $1.82 trillion.