Nvidia’s rally is going to show traders what a market bubble looks like, investor says

  • 📰 financialpost
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 85%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Nvidia Corp. may be riding a revolution in computer science, but the stock is \u0027a textbook story of a Big Market Delusion.\u0027 Find out more.

Only one actively managed stock mutual fund in the United States has managed to outperform the Nasdaq Invesco QQQ Trust Series 1 ETF over the past five, 10 and 15 years, according to a Bloomberg Intelligence analysis by David Cohne. It did so thanks largely to a heavy concentration in Tesla.“You don’t want to be in a situation at this point where you’re betting against continued U.S.

“If you just want to own the market, sure, cap weighting is fine. But there are issues, and the most flagrant issue is that anything that is today overpriced relative to its future prospects is overweight in your portfolio,” he said.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The AI market will be worth $600 billion, Nvidia exec saysAccording to Nvidia, $600 billion is tied to a major bet on accelerated computing.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia’s Rally Is Going to Show Traders What a  Market Bubble Looks Like, Rob Arnott SaysFor years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.
Source: BNNBloomberg - 🏆 83. / 50 Read more »