"“I mean... he was always recommending gold. I didn’t think much of that. Anyone can buy gold. But why would you buy gold when you could own a super-profitable company like Nvidia?"
With a PE just over 50, is Nvidia "super-profitable?"
Your closing anecdote reminded me of the scenes in "Africa Screams" where Lou Costello goes on to a stranger about how he taught Clyde Beatty all he knows about lion taming and Frank Buck all he knows about trapping wild animals only to find out that the people he is bosting to are Clyde Beatty and Frank Buck...
Bill ~ Just for fun, consider sending this post to the young lady along with a one month trial subscription to BPR.... But wait until the day after Nvidia takes a major dump ! Such a rare encounter had to make your day !
Very well written Bill, laughed out load at the ending!
She never learned you were in Powell's class
at college? But lets' consider, an economics professor knowing the name Bonner is a great indication of growing wisdom in the academy.
Easily one of Bill's most entertaining pieces ever.
Good and fun read; entertaining as well as informative.
It’s a tough audience Bill.
"“I mean... he was always recommending gold. I didn’t think much of that. Anyone can buy gold. But why would you buy gold when you could own a super-profitable company like Nvidia?"
With a PE just over 50, is Nvidia "super-profitable?"
Your closing anecdote reminded me of the scenes in "Africa Screams" where Lou Costello goes on to a stranger about how he taught Clyde Beatty all he knows about lion taming and Frank Buck all he knows about trapping wild animals only to find out that the people he is bosting to are Clyde Beatty and Frank Buck...
Thanks Bill. Great little article.
Bill ~ Just for fun, consider sending this post to the young lady along with a one month trial subscription to BPR.... But wait until the day after Nvidia takes a major dump ! Such a rare encounter had to make your day !
Don’t always agree with Bill’s politics or financial recommendations but always love his travels and building restoration tales 🤓👍
Very long article
Not sure how this helps my financial future
To help your financial future, Abe, you need to read "The 4th Turning is Here". Just an ol' man lamenting.............and LOL!