**the bubble is about to pop. they’ve known it for a long time. ** mr Huang gets to exit with 140 billion in stock . he maybe forced by a court to sell half of it for his divorce. this gives him and many others a convenient reason to jump ship without startling the rest of the herd.
The stocks go up and down from other things too and prices usually recover. People inside who knew when to buy/sell make money. I just have boring index funds, stay the course 95/5 stock/fixed income, or all stock funds like Mr. Money Mustache and others discuss. Do that while working for sure and don’t get the mixed funds like target date ones. If you insist on having bond funds while working then rebalance occasionally yourself to see the drag over time.
Maybe the next decade will be flat or a recession, maybe the prices are still too high and need more corrections, I don’t know, and don’t try to time the market. Vti has one year total return of 12%, even through the war dip and recovery and Ai dips, while Bnd is -0.12% total return. Ten year total returns are 300% vs 15%, but no guarantee of future returns so it’s always a risk. Something like Vbil can be decent for fixed income.
Nobody remembers Bill Clinton.
Just watch, ATH incoming. This isn’t over till the bubble pops, and billionaires have a way of prolonging the inevitable.
The markets aren’t being roiled because Jensen Huang fucked.
They’re being roiled because a big chunk of NVIDIA’s revenue is coming from black market exports.
This isn’t the indiscretions of one guy. It is a massive network of regulation and evasion that creates a defacto regulatory monopoly for GPU exports.
It’s illegal and should be subject to criminal charges .
Export Control Reform Act of 2018 (ECRA) Knowingly or willfully exporting controlled technology without required authorization Selling or facilitating shipments of restricted GPUs to prohibited Chinese recipients
Export Administration Regulations (EAR) Exporting, re-exporting or transferring controlled chips without the required licences H100, H200 and other restricted NVIDIA products
18 U.S.C. § 371 Conspiracy to commit an offence against the United States If there were evidence of an agreement to circumvent export restrictions
18 U.S.C. § 554 Smuggling goods out of the United States If he knowingly participated in shipments concealed from U.S. authorities
18 U.S.C. § 1001 Knowingly making materially false statements to federal authorities If he knowingly misrepresented the destinations or recipients of chips
All together: 20, 10, 5 and 5 years prison.
It’s illegal and should be subject to criminal charges
This would require billionaires to be accountable to law enforcement
Why would billionaires be accountable to law enforcement? Law enforcement exists to protect capital. The only time the wealthy get got by law enforcement is when they’re threatening a bigger pile of wealth.
Self defeating cynicism is just one way the oligarchs control the weak.
Feels ironic coming from CrimeIsLegalNow
Who said the strong care about unjust legalities?
It really just goes to show how all this shit is made up bullshit and manipulation.
The time will come when we’ll realize the grand illusion is killing us but it won’t come soon enough.
If enough people believes it, it becomes real, or at least people think so. It’s just like religion. 🤥 🤡
Thoughtform economy.
Honestly I’m more impressed that so much of it is real and directly connects to the fake bullshit
can we please not lose sight of the ACTUAL PROBLEM ?
He let him self get entrapped by a foreign spy, who had access to him and who knows what devices/keys/passes/recordings.
And this is a company that produces things which are export controlled, is currently one of the only motors of the US economy and he is a person with direct access to Trum and his circle.
THE PROBLEM IS NOT THE “INDISCRESION”. OK?
I’m beginning to believe that he isn’t getting himself trapped, he know what he’s doing, just that it’s one way to leave an escape route open and not get charged for something way worst.
When one CEO’s personal scandal can erase hundreds of billions in market value, the problem isn’t just the CEO. It’s an industry that built critical infrastructure around a handful of celebrity founders and apparently forgot succession planning exists. Maybe the real AI hallucination was believing these men were irreplaceable.
The real problem wasn’t personal affair, but known circumvention of US export sanctions to China. So the US can sanction Nvidia, etc.
The problem is also that market value is made up.
It’s not the fling it’s the circumvention of trade blockades that also took place
Yes. This is the thing.
The fact that someone with unholy amounts of money is banging a side-piece is some of the most uninteresting and unsurprising bits of information I can think of.
What if there was a second side piece? And maybe a third for good measure?
🤷
On the plus side, it’s gonna make an amazing porn flick.
3 girls, Huang Wang.
I’m normally against the use of AI to create random slop but I feel like someone should ask it to put Jensen and his lady friends in the Coldplay concert cheaters video. It’s just too perfect not to.
I’m still not going to do it myself though.
There’s one video where people replace Nathan Fielder and Elizabeth Holmes from the movie teaser with him and Alice. Laughed so hard with conflicted feeling.
Holdup. Fielder made the Holmes doc?!
*flings
A bit generous of a headline to assume everything was fine before and the market would have continued to infinity, lmao.
I need to see a calculation of how many thrusts it takes the average dude to finish, and the number of times they likely banged. How many tens/hundreds of thousands of dollars did each thrust cost?
That as nothing to do with the affairs, it’s have everything to do with the Nvidia share dropping.
…what? You see the two as not related?
If the share have gone up, he probably didn’t have to resign.
I don’t think that having an affair is enough to devalue the Nvidia share that much
Helluva coincidence then
