Do I agree? Yes & No. it could be yet another successful Yuppie with a different mantra (developed after his success) but who has also overlooked three always present ingredients to success - being in the right place at the right time, people you meet & luck; attending Stanford might provide those 3.
I prefer the 2,400 year wisdom of Plato - ‘the most important thing in life is not to have the most, but to need the least.’
Yes a recession/depression is inevitable and having been through a few, 2008 was the roughest, I know my needs and have cash balances to provide them. Whilst I am invested in a number of illiquid stocks, I do regularly check their Balance Sheet strength to endure a 2020 scenario. Should it occur, I will stop following the market and go fishing.
Jensen is right. Thanks for sharing.
Here a look at why $NVDA will still perform well:
https://open.substack.com/pub/ditlev/p/nvidia-is-primed-for-growth-and-more?r=na9z&utm_medium=ios
thanks for sharing!
He is absolutely right.
Adversity creates aggression to succeed under any circumstances.
Do I agree? Yes & No. it could be yet another successful Yuppie with a different mantra (developed after his success) but who has also overlooked three always present ingredients to success - being in the right place at the right time, people you meet & luck; attending Stanford might provide those 3.
I prefer the 2,400 year wisdom of Plato - ‘the most important thing in life is not to have the most, but to need the least.’
Yes a recession/depression is inevitable and having been through a few, 2008 was the roughest, I know my needs and have cash balances to provide them. Whilst I am invested in a number of illiquid stocks, I do regularly check their Balance Sheet strength to endure a 2020 scenario. Should it occur, I will stop following the market and go fishing.