Nvidia's AI pathway is not as easy or open to profits as markets assume, says NYU's Damodaran

Aswath Damodoran, NYU Stern School of Business professor, joins 'Closing Bell' to discuss what happens now with equity markets, if the valuation for Nvidia wasn't as overstretched as initially thought, and how investors should view Nvidia's stock now.

[@MalcolmHamlin]

I'm thinking of putting some cash in stocks, I was at Salt Shack and I overheard some friends saying it's ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@DanielPanuzi]

I think i agree with folks who are choosing APPL as their "Stock of the year". But my question is can Nvidia can be the next APPL in terms of growth this year? I've set asides $200,000 to explore profitable opportunities in the market.

[@Higuannn]

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

[@Angelavaldess]

@@Higuannn It's gotten especially difficult since the pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe

[@DanielPanuzi]

My partner recently hinted on going same direction. who is your investment advisr please, if you don’t mind me asking?

[@Higuannn]

@@ericmendels I know a few advisors but I chose Alicia Estela Cabouli as my advisor, quite frankly a genius with portfolio diversification. She has a wide web presence so it shouldn't be a hassle finding her.

[@Higuannn]

I know a few advisors but I chose Alicia Estela Cabouli as my advisor, quite frankly a genius with portfolio diversification. She has a wide web presence so it shouldn't be a hassle finding her.

[@racerx2502]

Anyone who knows or has studied valuation, knows Aswath is the "King of Valuation". However, valuation doesn't take into consideration human behavior within the market. Many people see AI as the next evolution of tech, and how it can play a major role in the future of business. However, companies are still working to determine how AI can be utilized and implemented within their own business. Training an LLM on specific data is no easy or cheap feat. The market exuberance is there, it's reflected in the stock price, but adoption isn't yet. So whether NVDA is overvalued right now, will really depend on adoption rates, and the need for NVDA's chips. The market is excited about the technology, but businesses are still in the evaluation phase.

[@darrenhere5856]

very nice !! thank you !!

[@raghav225]

Valuation does not take into consideration a lot of things, like future interest rates, geo political changes, oil prices etc..

[@cozyslor]

"Dean of Valuation".

[@user-kg1od9es5d]

Yes I’ve been posting this message for months. Well said!!!

[@Dividendflywheel]

Simply BRILLIANT.

[@NiteshKumar-ue1yp]

I have a question. Can we find out the market value of a stock by this information. > " A 9% stock yields 8%." Or does this mean anything at all?

[@ShawnWagner-sh8fi]

Taking early notes from Warren as to the importance of sound asset diversification and risk management It can't be overstated. I've been trying to grow my portfolio for sometime now and it’s been stagnant, I would greatly appreciate any other suggestions.

[@BeverlyTerry-zx4bt]

The market has gone berserk! irrespective of experience level, everyone needs a sort of coach at some point to thrive forward.

[@JoshThompson671]

True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple of summers back after my lengthy financial setback, I needed a good boost to help my business stay afloat hence I researched for licensed advisors and came across someone of due diligence who helped a lot to grow my reserve notwithstanding inflation to over half a million dollars.

[@JoshThompson671]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *MARGARET* *KATE* *MARTINEZ* for about five years now, and her performance has been consistently impressive.

[@Thing-vc2qm]

half of berkshire hathaway's portfolio is Apple. Warren Buffet never was about diversification.

[@FreeCryptoClass]

For what it's worth I'm heavily allocated in Bitcoin and three AI stocks. Lam Research, Taiwan Semiconductor and ASML Holding. Things have been going great. I hope that helps.

[@lukeliem9216]

In August 2023, Aswath Damodoran said NVDA was only worth $240. And he sold half of his position at under $470. You listen to him and you miss out on another double.

[@rogergeyer9851]

Or you get greedy and lose a ton of money vs. selling. But of course, you know best, because you have an opinion. /s (I don't know what ANY stock does in the short to intermediate term -- but at least I'm honest enough to admit it).

[@gumpenaprasanth6142]

@@rogergeyer9851 one is a speculation and other is a fact (nvda trading at 790). his ideology is based on fundamentals and fundamentals do change when the revenues increase and revenues increases the market demands explodes and thats where analysts observe the progress and push their price targets up or down.

[@drtomgao]

Ai winter is coming.

[@AwtaMadik]

Double Bubble

[@JinNani224]

Explain how this is a bubble?

[@bigbillyz]

How on earth do you create earnings forecast for NVDA?

[@greekbarrios]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current Bitcoin price at 61k.

[@Wendytsang12]

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

[@AntagonisticAsian]

It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.

[@Suntz_u]

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

[@blind_luck_]

Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

[@TylerofSc004]

could you recommend some good advisers? don’t get me wrong, I already have an asset manager for my $5m portfolio, but he seems not to know much about crypto

[@Tim_Morton]

Excellent and thanks for this commentary. I too worked the floor during the late 90's --- at Montgomery Securities in SF (acquired by BofA). Your assessment is spot on....

[@Dividendflywheel]

Dear Professor Aswath Damodoran, you are an eloquent speaker, a gifted educator. And the Dean of Valuation. Cherish your tenure. Please publish your track record and demolish the doubters.

[@danesesse]

As with most experts (all experts long term) they do worse then just the market. This is his words. Being smart and knowledgable doesnt mean you can be correct enough of the time.

[@ibrahimseth8646]

It is based on Demand vs Supply, or based on confidence.

[@haifengli4972]

Amazing to see that he is still sitting there and predicting the next…

[@saivamsikrishnaposani7157]

He did not predict anything. He said that investing is all about probabilities. He said if investors think that the upside is worth the downside, then they should buy. So basically, it is subjective.

[@John-qu7ij]

Love this professor, definitely one of the best evolutionist but Nvidia is still amazing company and Jensen is showing everyone the money

[@jan2000nl]

No doubt about Jensen and NVIDIA. But that’s not the question, which is the current price over valued? And if it is, what are you getting yourself into long term?

[@John-qu7ij]

@@jan2000nl yes i agree but personally I can not be long or short at this price. Conviction either way is not there so I am sitting out of Nvidia at this point

[@MARKXHWANG]

What you missed is that is this is the only company in history that captures the entire magnificent 7 ‘s capex

[@angrybrit129]

Nvda numbers are mainly great because of the chip backlog of orders that is not a lasting earnings rate

[@vaibhavsaxena1084]

If space exploration was the next big thing, and NVDA was the only spaceship that made space travel viable, what price would you put on it?

[@vaibhavsaxena1084]

@@dougbarker2227 Every company except BYD is still losing money on EV, they subsidise it with ICE vehicle sales. Actually I am not sure if BYD is being subsidized by the CCP or not. Tesla also doesn't have a software ecosystem like CUDA. If MSFT, AMZN, GOOG can design their own chips, what's stopping NVDA from having its own cloud services platform. In fact Jensen Huang spoke about having complete software stacks. So you do get my point?

[@richardyu5283]

@@dougbarker2227 Point is Tesla rallied for 10 years...

[@boccobadz]

@@dougbarker2227 TSLA always was a meme stock valued as a proxy of Elon being a good entertainer, and, like most predicted, was destined to lose against traditional car companies. Doesn't mean you can't make money gambling on shitcoins, that's the name of a game after all. On the other hand, NVDA has something others don't have - the best hardware for training models. And guess what? The only one that can make those chips is TSMC (which is booked out for years). Good luck to competition.

[@NotAvailable_na]

And FYI. There are practically no short positions on Nvidia stock. Last I checked, it is 1.x%. The selling is all institutional buyers getting out and likely already positioned themselves with options or other means for a downfall.

[@grahamsampson769]

Didn't the professor sell his position at $400?

[@danesesse]

No he didnt. He said you probably should but ego means you keep your own investments

[@kennethli8]

He sold 50% of his NVDA holdings. Most people do not know the difference between an Investor vs a Trader.

[@mdo5121]

....taking profits is not evil if you got in early...I own it and I expect at least 20 percent hair cut...

[@syedarmaghanhassan4652]

no he didn't . He likes to tell us to sell, so that he can buy all of that himself. All of these valuation-expert-guys, want the price to come down, so that they themselves can load up on it again at a cheaper price. He said it himself in his interview 9 months ago, that he has "Mixed feelings about the stock"... means, he doesn't have any idea what he is talking about! He tells others that it is over-valued, but keeps holding on to the stock. If he thinks stock will fall, why does he not Sell it ALL NOW?

[@vijjreddy]

WHAT PROFESSOR SAYING IS - PROFIT MARGINS CANNOT STAY HERE FOR LONG, HOW LONG, THAT DEPENDS ON HOW LONG MARKET PREFERS TO BE STUPID; BUT WHEN MARKET GAINS ITS SENSES VALUATION WILL RETURN TO NORMAL QUICKLY.

[@kimberlyy911]

When is that though? No one seems to know

[@rRobertSmith]

easy on the all caps grandpa

[@darrenhere5856]

i like NVDA but can another foundry beside TSM make their chips ??

[@ryen49]

the chip act should help with this

[@tigerrx7]

Not yet. UMC is another foundry but they don’t make the same chipsets that are needed for AI applications

[@user-kg1od9es5d]

Chipset design isn’t nvidias sauce. ITS. CUDA

[@savars]

Bingo, you got the crux.

[@albino_gringo1912]

Yeah they just did it with the 3000 series GPUs with Samsung. The transition was really impressive, actually. The node wasn't as good as TSMC, but they were able to fallback to it immediately with no visible hiccups.

[@Gdrtffd]

the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k

[@Abeljorge373]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@Tracykierce]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@Judy854]

Please will you be kind enough to share the details of the man that helped you?

[@Tracykierce]

Actually its a Lady. Yes my go to person is a 'MARY KALIOPE BRAUN'. So easy and compassionate Lady. You should take a look at her work.

[@Judy854]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@NicoleBarker-he2vp]

One question please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with low percentage on my $236k portfolio and try to keep everything around 10%.

[@RichardMoore-jg5tl]

Yes, but do your own research. Avoid index funds, mutual funds, or specific stocks for now. Consider 5% fixed incomes as a safer option. Alternatively, consider hiring or working with a good market strategist for added safety.

[@RusuSilva]

Took control of my portfolio, faced losses in 2022. Seeking change, consulted a fiduciary advisor. Restructured and diversified with dividend stocks, ETFs, Mutual funds, and REITs. Portfolio surged to $610k with an annualized gain of 28%.

[@RossiPopa]

Your advsor must be really good, how I can get in touch with them as my porfolio isnt doing well.

[@RusuSilva]

Karen Leigh Owens is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@RossiPopa]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@HilLiao]

the statement is the opposite to what MadMoney Cramer said: OWN it, don't trade it. He said it's a great trade? Besides, why is Tesla's forward P/E at 60 and NVidia's at 31 while NVidia's upcoming quarterly earnings is expected to be 4x and Tesla's is expected be 20% off?

[@jessenorwalt3936]

This guy is absolutely right, but bubbles can continue a long time, the fact that nvidia is going up actually proves the thesis correct. If it pulled back and stayed stable it would be less likely that irrational exhuberance was happening.

[@sametsamet-sr3nj]

Nothing ever pulled back when people expecting it to be pulled back it will hit when everybody get used to it

[@Jay-bu6cd]

But forward PE as of this video is 31x. That's not bad at all for a future high growth company.

[@Buhry]

Not open to profits? Maybe look at their huge profit growth and forward p/e

[@rahulrastogi6916]

Why only nvidia

[@apophisxo4480]

AMEN! WHY? Why EVERYDAY???

[@leeback2007]

There are many other even more overvalued companies but NVDA the company that almost tripled their profit from a year ago is targeted

[@shak822]

The market cap is 2T ,

[@shak822]

That what makes it scary

[@dd-ow6pe]

oh my

[@rayutwenty-four6753]

So, is Damodaran selling his Nvidia shares soon?

[@lukeliem9216]

Back in Aug 2023, when NVDA was $470, he told CNBC that he sold 50% of his position and that NVDA was worth only $240.

[@saivamsikrishnaposani7157]

He did not predict anything. He said that investing is all about probabilities. He said if investors think that the upside is worth the downside, then they should buy. So basically, it is subjective

[@rayutwenty-four6753]

I agree that it is subjective and curious as to whether in his own subjective point of view, he has already sold or will soon sell his Nvidia position, given that he thinks it is currently overvalued. If he has yet to sell, at what price would he start selling his shares.

[@atun77]

The Prof is the best at valuations but it doesn't make you money! Theory vs Reality!

[@alphabusiness3871]

valuation is oof given how much we printed !! what used to be normal is not normal unless you multiply it 4 or 5 times. Fed abused wealth by printing more than needed, and the print moved up the chain as 6% bank deposits and into equities. bankers have unlimited amount of cash which they are sourcing into bitcoin and stocks.

[@syedshah7510]

If this valuation expert was that good, would he be a professor?

[@wallysan31]

He's still invested in Nvidia, and his holding is a 10x bagger. He also releases his lecture footage for free. There's a reason they call him the Dean of Valuation.

[@michaelschipper3312]

Because he likes teaching?

[@syedshah7510]

Too much theory is detrimental to investment.

[@nikiyen6]

Some people like their jobs. He's already rich enough

[@HELLWARS101]

At this time NVIDIA is the only game in town in terms of training AI

[@Thenobelfan]

What he is basically saying , that Nvidia needs to keep growing , and all indicators suggest that they have all the indicators going up . If Nvidia had gone up like this even on half the results it has shown in 3 years , they would have talked about a high quality long term story , there only concern is that the price reflects the growth , what’s wrong with that ?

[@AYVYN]

The best way to value large-caps and mega-caps is to buy an index fund every month.

[@charlotteann222]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Jane Hinson

[@Emilymaya33]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@MichaelLogan972]

You trade with Jane Hinson too? Wow that woman has been a blessing to me and my family.

[@edwardrichard6995]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share. I'm new at this, please how can I reach her?

[@SGTLorusso]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@charlotteann222]

she's mostly on Telegrams, using the user name

[@amxiax]

Damodaran is correct about Nvidia being overvalued. AMD is starting to get proper AI support.

[@user-kg1od9es5d]

lol its overvalued because its seen as the only AI play in town. obviously that's not going to be true long term. but short term yes - if you understand whats going on you can leverage your position and check out. question is, are we at the top, or is there more to go?

[@SuMagss]

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

[@bobbybrettel5422]

If you want to sell your NVDA..... I'll buy it

[@extraordinary.verses]

keep boiler-plating stocks.

[@LumenMichaelOne]

WaitujustMoment... 0:41 ... isn't that the same thing? "Either I don't know what I am talking about or the market is doing things I don't understand." ... 🤨 That is is saying thing twice isn't it ... Professor? ... 💁 That is redundancy right there ... would you not agree Professor? ... 🤔 🧑‍🎓

[@KishoreDuddekunta]

aswath dont understand nvidia. cant believe he said nvidia is over priced its 27x forward multiple. apple and msft are tradnig at 35x

[@MARKXHWANG]

Prof you should first know what Jensen Huang is doing and what that company is doing before you value it

[@derrickadam1026]

Rules for the Street: Did u know avatar performs live outside NYU hospital? 988.

[@CallmeMasta]

If it goes down he was right and he wins. If it goes up he has more than 10X hos money he also wins..

[@SpaceTravel1776]

Not saying he is always right, but when Aswath talks, I listen.

[@mjcipri]

Good luck!

[@SpaceTravel1776]

@@mjcipri With what?

[@HELLWARS101]

CNBC recommended to sell NVIDIA prior to their last earnings report. I am glad i did not listen to them

[@aaronb8698]

If they were smart they should split to keep price affordable and the applications markets they have opened will have multiple avenues. Most Americans can't afford it but would if they split.

[@Josh-hz8vz]

It’s 2024. There is such a thing as fractional shares through the common brokers like Fidelity. The share prices don’t mean anything anymore on a company like Nvidia.

[@duffduck]

@@Josh-hz8vz If people need to use fractional shares, they cant afford to invest anyways. Buy in whole or not at all.

[@Josh-hz8vz]

@@duffduck this is absolutely stupid. Someone can buy a fractional share in a stock with a high price if they feel strongly about it. There is no gatekeeping to only the wealthy to invest in great companies.

[@duffduck]

@Josh-hz8vz LOL, only a dummy like you would think it's about gatekeeping Try cutting out just one of the many ways wallstreet uses financial instruments to game gullible investors.

[@Cross-xm2fr]

DEAN OF MISSING OUT

[@goneviral8814]

Thats wise man, Nvidia is artificially pushed by managers and Fed to keep the market afloat 😅😂😅

[@Justinlearns]

Even if nvda goes to 1000 the value at this point is not worth it. There's smaller entry points like SoundHound and C3 that are going to go up.

[@MrMountain707]

Soundhound is even more overvalued on an earnings basis.

[@felizh82]

That is gambling not investing

[@chavruta2000]

The Mag 7 is a myth. Look at the returns over time.

[@MiramCole]

No brainer. Semiconductor and AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I have made more than 200% ROI from NVIDIA with the assistance of my fa, I won’t fail to mention. I agree the stock would go higher in the next couple of days.

[@JamesGreen-jy5bs]

That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through semiconductor stocks under my estate planner(fa) by alternative investing. The portfolio comes with perks as well in terms of travel and liquidity.

[@JamesGreen-jy5bs]

The decision on when to pick an Adviser is a very personal one. I take guidance from KAREN LEIGH OWENS to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@JamesGreen-jy5bs]

The decision on when to pick an Adviser is a very personal one. I take guidance from KAREN LEIGH OWENS to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@JasonBush-lz7ky]

It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this monica looks the part but i'd do my due diligence. I set up a call, tnks.

[@JamesGreen-jy5bs]

The decision on when to pick an Adviser is a very personal one. I take guidance from KAREN LEIGH OWENS to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@matthewnorman1326]

Stacy Rasgon sounds like Jonah Hill.

[@syedarmaghanhassan4652]

They say, "Actions speak louder than words". This guy tells others that NVIDIA is overvalued, but he keeps holding on to the stock himself and didn't sell it completely. If he thinks stock will fall, why does he not Sell it ALL NOW?

[@jeffML3926]

LOL wow... "I have no idea what I am talking about, or the market is doing things I don't understand" ...CNBC and half their analysts in a nutshell 😝 PSA: diversify your investing sources folks

[@angrybrit129]

When it hits a k in this fomo rally it will be put into a share swap of 5/1

[@InnocentCardGame-sz2be]

Ask Matt Taibbi what Gemini thinks of him.

[@jeffhucle6436]

Nvidias Q4 was said to be $22 billion. There are 63 weekdays in a quarter. Assuming no holidays means Nvidia sold $350 million worth of product per day? While many countries around the world were in recession. An F22 Raptor Lockheed Martins most advanced fighter jet sells for $100 million. Somebody make this make sense (:P"""

[@mrm95]

While I certainly understand your point, they don't have to sell day by day. If Facebook puts in a multiple billion dollar order on one day and others follow suit, it could certainly be possible to average out that way in theory.

[@NaveenKumar-or1rf]

This guy always proves wrong.

[@jasonhutchinson8060]

If this man was great at managing investments he would not be an NYU professor that merely talks about it.

[@shadowmanmc1130]

You don’t know what you’re talking about you couldn’t have said it any better😂😂

[@yenshui]

The guest does not seem to know what he is talking about. He can only look backfoward. The problem is market is foward looking.

[@saivamsikrishnaposani7157]

He did not predict anything. He said that investing is all about probabilities. He said if investors think that the upside is worth the downside, then they should buy. So basically, it is subjective

[@user-xr6zm8cx6r]

2 tr value nvida size of the economy of Australia and many other countries 2tr is that a joke if stock goes higher surely chip price will be expensive and AI will not be helpful

[@RocketBoxx]

I think that TODAY, AMD is a much better buy. AMD is going to majorly beat Q1.

[@felizh82]

AMD PE is even higher, what is judgement here?

[@duffduck]

He said it was worth 240 a share. He was right then, and he's right now. When that bubble pops it will be glorious.

[@vijayrao6456]

How can he be right at both price points, yes! If there is market correction or when NVDA can’t keep its growth or some other company is eating their lunch then it’s going to be slashed but until then as long as the growth of the company it deserves the price and as as you can see forward PE it’s cheaper than lot of other companies. Bottom line he needs to qualify his statement.

[@briantep458]

Nasdaq has made new highs but this IS NOT a Mag7 story. Apple, Google, Amazn, and Tesla have all underperformed

[@aharrymarry]

Amazon?

[@chavruta2000]

Mag 7 is a media myth. Real action elsewhere.

[@darrenhere5856]

AMZN has performed well. @@aharrymarry

[@InnocentCardGame-sz2be]

A.i. seems to be a "creative" tool. Maybe good for writing scripts and scenes. Generating special effects. Can help video editors with commercials or content creation. Im sure KZbin will be filled with a.i. generated videos on baby shark videos. But a.i. as a philosophy teacher. No. Not ready.

[@geodude7116]

Some are saying it will replace many mainstream coder and programmer jobs. It’s already being used to code faster.

[@InnocentCardGame-sz2be]

@geodude7116 u.s. military using a.i. to for target identification in middle east currently. So woke a.i. isn't so woke after all.

[@indersingh1212]

This guy just six months agosold 50% of his stock because he couldn’t see a value of more than 250 dollars for the stock. Now we’re listening to him again. This guy is an academic who doesn’t understand compute and just how important Nvidia will be for accelerated compute.

[@dehaka3764]

i love this guy hes the face of rationality nvda is the biggest bubble in history

[@ToddSpencerUSA]

He and Cathy Woods must know each other well. LOL

[@OneManBluesConspiracy]

This professor and Warren Buffet are both great people in the Investing world. However, I think they both got it wrong on Nvidia. I still think both are much smarter than me. Nvidia may well be “the best company ever”. Only the future knows.

[@saurabhpaul1602]

Let's call it "MAANNA" 🗿🗿🗿❤️‍🔥❤️‍🔥❤️‍🔥 instead MAANG

[@davidmueller9342]

Head up his ?

[@greggorywilson2765]

Mr. Damodaran's methodical look at Valuation might be great for me if I wasn't running up against a time wall. Some of us have to *trade* the market we have if we are going to achieve our goals in time, or more to the point, don't know how much time we can even accurately or probabilistically project the timeframe. So yeah, I'm doing a lot of "trading". If my situation was somebody else's, his philosophy is stellar I'm sure. If I meet my goal before my timeframe ends, I'll probably be receptive to engaging his philosophy with my remaining time to the terminal node.

[@lawrencefearon6830]

CNBC why do you continue to pay this charlatan to pontificate ignorance? The man has been profoundly wrong every damn time on the value of Nvidia for the past 18 months. He is a teacher. His is not an analyst who's job is on the line like Stacy Rangoon of Bernstein. In the real world there's a price for being wrong over and over again but professor never responsible and keeps coming back wasting our time.

[@michaelshih8163]

How long has he been a bear on NVDA? like forever.

[@cesarfile]

He owns NVDA. You can be bullish on a company and still think it’s overvalued. These are not mutually exclusive.

[@fascinatedbyeverything]

He's owned it for a long time, but he's taken some off the table I believe. He is not advocating shorting it.

[@apophisxo4480]

@@cesarfile He wants to drive the price lower so he can buy more. He regrets the sale. Why else would any schmuck talk down shares of a company he owns????

[@michaelshih8163]

@@apophisxo4480 Of course, he regrets the sale. His reputation as the King of Valuation is one the line. Now, he is a bit crest fallen, a bit eager to get his reputation back.

[@michaelshih8163]

@@apophisxo4480 Pf course, he regrets the sale. It was a pie to his face as the king of valuation.

[@wilmarkjohnatty4924]

The Definition of In Denial.

[@morningglory910]

AI is like a imaging cake that ai companies want we to believe. The effects of it to our lives are exaggerated. For basic life it doesn't have impacts like agriculture or medical breakthrough yet ppl still maniac about it

[@hailandfire1822]

If this guy was legit, he would un-blur his mansion.

[@user-cm8br8kj5y]

That's stupid. With that earnings report, everyone knows that prices cheaper. can make it to 1000, Doesn't this guy know that?

[@ryen49]

this dude has been wrong forever lol he said nvidia was a 240 stock 9 months ago . dont listen to him lol

[@apophisxo4480]

Both of these guys are morons! This idiot comes on Closing Bell every day just to bash Nvidia. WHY??? Doesn't he have anything better to do with his time? As if Nvidia is the most overvalued stock in the market today. Why doesn't he talk about Bitcoin or AMD??? What an annoying schmuck! Dude should really focus on delivering the news, instead of campaigning to destroy a stock and its shareholders. We can all see it's expensive, we just happen to believe it's justified!!!

[@585sammy]

👂🏻

[@thirdman1228]

This guy admitted that he SOLD at $275. So he's lost a large amount of potential income.

[@DoniCato]

Damodoran said NvDA is over valued but he kept his shares If it is overvalued he shd dispose of his NVDA’s shares !!!! Put your money where your mouth is!!! Not just keep on dada n dada n not selling ur NVDA’s shares!!!

[@antball775]

He’s right it’s great to say it’s going to keep going up but what’s the long term use case it’s a hype cycle go look at the company’s actually buying these chips there numbers or not like Nvidia’s I bet it goes to $400 before it gets to $1,000 those yoy numbers better be great in the 1st quarter

[@dazza4345]

Nvidia reminds me of the AMC bubble.

[@kesun32145]

Much worse than the amc bubble…NVDA probably engaging in the worst fraud in history. I don’t think amc committed that much fraud. It was mostly a short squeeze.

[@AeonMusicRecord]

Anyone who keeps NVDIA for next 20 years will become much richer than today. Mark my words and see you in 20 years on this comment section. No professors needed

[@balabasako6476]

The professor wants everyone to sell nvidia so he can buy more😂😂😂

[@MatthewMS.]

NVDA can’t be compared to the others let alone Tesla. I am a 20 year licensed wall st. veteran and Nvidia fanboy since 2018. No one knew the company existed until 2024 it seemed, I watched everyone go 😮 can’t be! This guy is still doing it as I write this. He has no idea what he is even talking about. I understand it took me years to. I’m rich now too.

[@Meowmeow.age.6]

NVDA is a 2 trillion dollar marketcap company. Just compare revenues and net income of NVDA to AMZN. It doesn't take a genius to figure out NVDA is ridiculous.

[@MARKXHWANG]

prof, when the entire market and smartest guys on the street repeated telling you are wrong, there is proberbly some truth to it...

[@robdogsurf]

What is his valuation for nvidia lol

[@crossphaded]

This guy forgot to wear his bear costume...

[@edmundlively8137]

At the moment Nvidia puts our cheap

[@nickrook5519]

One word Ðoge.

[@angrybrit129]

Everything will be dowm by week 3 of march

[@HeroDai2448]

$1.000 eoy

[@fhowland]

80% margins can’t last forever