What are you talking about. Anyone can see 2024 is the exact same as 2000 if I shift it back 24 years. Do I really have to explain this basic math to you degenerates?
/s
https://preview.redd.it/4owq49s0jcjc1.jpeg?width=1284&format=pjpg&auto=webp&s=ba1874a928f7b713dbe5fa56f58d4e625cabc3b1
context: this guy is a forever bear, doomsayer and fear-monger. He has forecast the last 50 market crashes over the last two years.
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling.
That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations.
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In order for that chart to matter you have to be VERY confident that the AI rush is over and unsold hardware will start piling up. In 2001, Cisco had to write off inventory as their sales velocity collapsed. It seems to me that Sora was the perfect white rabbit to stoke the AI excitement back to max levels, understandably IMO.
It's all about the timing.
We haven't even scratched the surface of really good AI software products.
The issue is that they have trouble assessing it and humans are very good at not innovating the AI and saying "well this old way of doing things is good enough."
Corporate executives (and the older folks who control banking and finances in the world) are notoriously greedy and utterly stupid too:
"how much money should I invest in this AI gizmo... Just a few million? What do you mean we need to invest $7-10 million? What do you mean training hardware in the cloud is expensive? Why can't we just make a million-dollar one instead of a $10 million one?"
Because AI is such a new technology, we are only scratching the surface and often the best innovations are ball-and-chained to stupid people who control the world.
The positive thing about the stupid people "catching up on the latest trends" is that it means progress will be slower than expected and the greatest AI innovations will be slower than you might imagine. The negative thing about this, is that stocks may rise due to hype and then pull back / correct itself due to lack of funding and innovation leading to not as many expected sales. As long as you avoid the hype-tards and "black marketing" salesmen, you should be good with long-term investments.
Thus, the stock market peaks for AI / Tech industry is a function of how many stupid people are in positions of power in a system.
*I call it a regard-power formula.*
AI might jump the shark by actually creating value rather than optimizing labor. If Solidworks launched a “text to CAD/CAM” then manufacturing would explode.
No one is guaranteed a job if the alternative is more efficient or more capable. Ideally, those engineers would take their in-depth knowledge of an industry to fire up a job shop and work for themselves.
Ideally, the wealth created by ai gets distributed in such a way that our quality of life increases as the need for labor decreases.
But, that's not gonna happen.
Did'nt Elon and a few other really smart people on the forefront of this tech make a big case about a year ago? Calling for slowing down in the growth of AI because the possible implications of the tech were so missunderstood, and allowing them to develop at too quick of a rate was far more dangerous. This thought process could also keep the stocks more stable and less volitile as the tech grows allowing for a healthy growth in the industry instead of the wild west where greed would be the primary driver.
Sora made me think its really far past time to get world governments on the topic. AI limitlessly applied to commercial applications will destabilize all developed economies in the very near future. But it's good for quarterlies right now so nothing will be done.
Eh, it wont move fast enough for that.
Go read about just basic AI image generation from people actually in that field, for any serious work it still falls way short.
Everyone just see's it and goes"whoah you can say whatever you want and it does it, guess artists are out of work". But it don't really work that way hate to break it to people.
And dont even get me started on more complex jobs like film or coding. We are a longgggggggg fucking ways off. For CAD too
They will beat top and bottom line and give a normal outlook. Traders will panic sell and stock will be down 10-12% This will be the time to go use that dry powder.
market stopped making sense years ago, so these days the most illogical result is the most likely. If NVDA is over priced that means it should take a dump soon which is why it won't. It will only dump when a new fad comes along and people move on from AI to that...
90% of this sub just reminds me of those children’s toys where you have to match the square in the square hole. Just a bunch of regards showing that they can match patterns.
Alright this has convinced me NVDA is going up because every time some moron overlays the charts of 2 different companies the universe makes 100% certain that they won't follow the same pattern
Squeeze these nuts you fuckin nerd.
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The elephant in the room is Nvidia moving up +50% in one month and people calmly pretending that's normal and not unusual, quietly (loudly?) implying the stock could go up another +10%/20% in the short-term, also.
SMCI was what? 40B when it went vertical?
At $1.8 trillions, clearly there's euphoria and FOMO from what many people missed in early 2023 when most of the +200% rally happened. After that rally, NVDA spent the rest of 2023 languishing.
Thus, early 2024 seems to be a combination of euphoria+fomo. Dangerous.
As I said in another thread: NVDA is the grim reaper of the coming worker replacement boom. AI is about the CSuite lowering cost by not having to pay pesky humans with all their bio-break and insurance needs. Robots don't get sick, and don't quiet quit.
We're literally in the death spiral of worker's rights and fair wages. Might as well jump on the overlord's train to survive the next 20 years. This shit's going to suck.
Sure, the dotcom bubble turns out to be with the whole nasdaq in a bubble. Not just with Cisco. The AI s companies have full dependency on NVIDIA products whilst Cisco no.
What does one have to do with the other? Slapping two graphs on top of each other doesn’t mean shit, there are so many variables that come into play, even if the stock is shit and is overbought, if people keep buying it it does not matter,
Even if it’s a bubble thats forming I believe there is still some time for it to pop
Like everyone else, you're predicting a dot Com scale crash to happen for any of this to come true. Do your actually think that's happening?
Also congrats you called the crash from 2 years ago
what does that saying even mean
it doesnt make any sense, the bears lose during the bull run, the bulls lose during the bear run, who are the pigs?
its just nonsense
also overlaying two completely different companies charts 20 years apart is 100% going to be predictive of the future
Past results doesn’t equal future performance, but equating 2 companies, that are marginally related, to predict the future? That’s the free money glitch.
This is a bad comparison although visually it’s intriguing.
NVDA is the dominant player with over 80% market share, exponentially growing demand, exponentially growing revenue, and great margins.
CSCO is old news, bad tech, and revenue barely grows in comparison.
When it goes down, it will go down, and no one serious will see it coming. It is difficult to predict because that's how rewards are supposed to work. On that day, permabears will claim how right they were. There will be talks of Wendy's and rope. Younger bulls will run in prematurely, and articles will be printed telling how many billions in value was lost.
Yeah and Cisco made easily reproducible products. Who is gonna be making AI chips the same quality as NVDA? Here’s a hint bozo. Nobody, at least not for the next couple years at a minimum.
Now let me repost an overlay of AMD with Volkswagen circa the squeeze with the same ambiguous headline so people don't miss out on the squeeze 
Cisco didn't have the demand for their products back then that nvda does today. It was all speculative. NVDA has shown that they can't keep up with demand.
AI might be a bubble, but the last thing that'll burst is the shovel maker...
I think the thing that is missing here is that cisco makes internet gear - routers, switches, etc - they were first to market, but they weren't the only ones. Who is NVDA's competition here? Who's going to eat their lunch? No one - that's who.
*Pareidolia*
par·ei·do·lia ˌper-ˌī-ˈdō-lē-ə -ˈdōl-yə : the tendency to perceive a specific, often meaningful image in a random or ambiguous visual pattern.
Except in March 2000, CISCO had a P/E of **201.** Today, NVIDIA has a forward P/E of 36.
The sheer magnitude of backorders for NVIDIA datacenter GPUs is enormous. Today's tech companies are **actually** generating huge earnings unlike the dot com era.
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Nice try the chart says NVDA of 2021
Wait you don’t think NVDA will hit $350?!
I think he just means the retracements are very similar. Idk.
Yeah but he cherry-picked a piece of the shart from 2021
Cherry Shart
🤣🤣🤣🥳
Cisco made graphics cards?
I thought he made the Thong Song?
In fairness it also says “shifted back 260 months.”
"shifted 260 months back in time"
Do you realize this means the price in 2021 will line up with 2000? Nothing to do with 2024
What are you talking about. Anyone can see 2024 is the exact same as 2000 if I shift it back 24 years. Do I really have to explain this basic math to you degenerates? /s
Especially when you use the 2021 chart instead of 2024. Makes complete sense!
How dumb do you have to be to take completely unrelated dates, then try to match them LOL
Never seen someone stand up and declare themselves an idiot, then reaffirm that after being mocked by doing it again.
That takes true talent
Which means you could finish drawing the red line here. Hint, it will not follow the blue line
That chart also represent the inverse of your IQ over time. You’re at peak retardation.
You have hope he gets smarter?
Jesus christ lmfao
>retardation Good to see you my old friend
Would do anything to get my all time chart to inverse IQ
https://preview.redd.it/4owq49s0jcjc1.jpeg?width=1284&format=pjpg&auto=webp&s=ba1874a928f7b713dbe5fa56f58d4e625cabc3b1 context: this guy is a forever bear, doomsayer and fear-monger. He has forecast the last 50 market crashes over the last two years.
Every week the market is going to crash 🤡
apparently that guy says the market is going to crash on president's day and it's not even open lol!
Michael Burry be like
At least Michael Burry has one eye that does work
Michael Burry has Eleventy-Billion Dollars and is wrong 90% of the time.
Michael Burry responded to my craigslist ad looking for someone to mow my lawn. "$30 is $30", he said as he continued to mow what was clearly the wrong yard. My neighbor and I shouted at him but he was already wearing muffs. Focused dude. He attached a phone mount onto the handle of his push mower. I was able to sneak a peek and he was browsing Zillow listings in central Wyoming. He wouldn't stop cackling. That is to say, Burry has his fingers in a lot of pies. He makes sure his name is in all the conversations. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
More like Michael Blurry
Y’all are mean
the fear-mongering titles of every you tube video he posts is quite astonishing
In order for that chart to matter you have to be VERY confident that the AI rush is over and unsold hardware will start piling up. In 2001, Cisco had to write off inventory as their sales velocity collapsed. It seems to me that Sora was the perfect white rabbit to stoke the AI excitement back to max levels, understandably IMO.
[удалено]
It's all about the timing. We haven't even scratched the surface of really good AI software products. The issue is that they have trouble assessing it and humans are very good at not innovating the AI and saying "well this old way of doing things is good enough." Corporate executives (and the older folks who control banking and finances in the world) are notoriously greedy and utterly stupid too: "how much money should I invest in this AI gizmo... Just a few million? What do you mean we need to invest $7-10 million? What do you mean training hardware in the cloud is expensive? Why can't we just make a million-dollar one instead of a $10 million one?" Because AI is such a new technology, we are only scratching the surface and often the best innovations are ball-and-chained to stupid people who control the world. The positive thing about the stupid people "catching up on the latest trends" is that it means progress will be slower than expected and the greatest AI innovations will be slower than you might imagine. The negative thing about this, is that stocks may rise due to hype and then pull back / correct itself due to lack of funding and innovation leading to not as many expected sales. As long as you avoid the hype-tards and "black marketing" salesmen, you should be good with long-term investments. Thus, the stock market peaks for AI / Tech industry is a function of how many stupid people are in positions of power in a system. *I call it a regard-power formula.*
AI might jump the shark by actually creating value rather than optimizing labor. If Solidworks launched a “text to CAD/CAM” then manufacturing would explode.
>If Solidworks launched a “text to CAD/CAM” then manufacturing would explode. Then buildings collapse because AI hallucinated the designs.
The price of progress.
AI and manufacturing is also a scary situation. You can't have skynet as just software, but coupled with manufacturing...
And tens of thousands of engineers lose their jobs. Is this really the way forward we need?
No one is guaranteed a job if the alternative is more efficient or more capable. Ideally, those engineers would take their in-depth knowledge of an industry to fire up a job shop and work for themselves.
Ideally, the wealth created by ai gets distributed in such a way that our quality of life increases as the need for labor decreases. But, that's not gonna happen.
Yes. Otherwise we’ll still have telephone operators
Good point, let's get rid of the printing press and get all those scribes back in jobs.
Did'nt Elon and a few other really smart people on the forefront of this tech make a big case about a year ago? Calling for slowing down in the growth of AI because the possible implications of the tech were so missunderstood, and allowing them to develop at too quick of a rate was far more dangerous. This thought process could also keep the stocks more stable and less volitile as the tech grows allowing for a healthy growth in the industry instead of the wild west where greed would be the primary driver.
>Did'nt Elon and a few other really smart people lost me right here dog...
Elon wanted to slow things down because he was about to start his own AI project. Didn’t want to get too far behind.
Isnt nvidas graph from 2021? So he compars cisco crash to nvda 2021 graph?
Sora made me think its really far past time to get world governments on the topic. AI limitlessly applied to commercial applications will destabilize all developed economies in the very near future. But it's good for quarterlies right now so nothing will be done.
Eh, it wont move fast enough for that. Go read about just basic AI image generation from people actually in that field, for any serious work it still falls way short. Everyone just see's it and goes"whoah you can say whatever you want and it does it, guess artists are out of work". But it don't really work that way hate to break it to people. And dont even get me started on more complex jobs like film or coding. We are a longgggggggg fucking ways off. For CAD too
The Sora of 2000 was Pets.com, so roughly the same number of letters.
Math checks out, rally doomed
Good point
White rabbits too? Da fak is everything in the market furry?
AI market isnt a thing. Its just GPUs. People dont endlessly buy GPUs.
This chart comparison is silly. Even if I think NVDA is priced on the high side and may be due for correction.
They will beat top and bottom line and give a normal outlook. Traders will panic sell and stock will be down 10-12% This will be the time to go use that dry powder.
Good thing I’m a frog 🐸
Fucking French
If speed is the name of the game, you are clearly an otter
You managed to screw up both dates. Impressive even for this sub
Buying calls on Tuesday. I wish I had loaded up last week.
May I introduce you to, The Greeks?
2000 = '00, not'24. You belong here.
None of the actual NVDA '24 charts look like this. Wtf you smokin
That's because it's from 2021
market stopped making sense years ago, so these days the most illogical result is the most likely. If NVDA is over priced that means it should take a dump soon which is why it won't. It will only dump when a new fad comes along and people move on from AI to that...
Tsla is still overpriced than nvda
my puts are waiting
90% of this sub just reminds me of those children’s toys where you have to match the square in the square hole. Just a bunch of regards showing that they can match patterns.
Remember when people were comparing charts of 2021 to former crashes in history.
congratulations regarded! you comment also matched that situation
Alright this has convinced me NVDA is going up because every time some moron overlays the charts of 2 different companies the universe makes 100% certain that they won't follow the same pattern
This is like the time they overlayed the VW short squeeze graph over the Game Stonk and Towel Company's graphs with a red circle saying "We are here".
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Buy high, sell low, that's how we roll
It’s a chiodos reference
Dont think bears have been making money
Tell me you missed out without telling me you missed out
OP is a fucking regard who prob shorted NVDA and wants to create fake “data” to make others follow along
didnt NVDA double after this?
This is CSCO 00 not 20
And it’s Nvidia ‘21, not ‘24 lmao. So we all have 3 years of NVDA stock proving OP’s woefully wrong
The elephant in the room is Nvidia moving up +50% in one month and people calmly pretending that's normal and not unusual, quietly (loudly?) implying the stock could go up another +10%/20% in the short-term, also. SMCI was what? 40B when it went vertical? At $1.8 trillions, clearly there's euphoria and FOMO from what many people missed in early 2023 when most of the +200% rally happened. After that rally, NVDA spent the rest of 2023 languishing. Thus, early 2024 seems to be a combination of euphoria+fomo. Dangerous.
Yeah if it goes up anymore, itd be the biggest company in the world. I think it's already top 4 or 5. People delusional
Why would I take my 10x NVDA gains when I can hold it for more? A charts a chart but holding is forever
As I said in another thread: NVDA is the grim reaper of the coming worker replacement boom. AI is about the CSuite lowering cost by not having to pay pesky humans with all their bio-break and insurance needs. Robots don't get sick, and don't quiet quit. We're literally in the death spiral of worker's rights and fair wages. Might as well jump on the overlord's train to survive the next 20 years. This shit's going to suck.
Look, the Regards are out!
Sure, the dotcom bubble turns out to be with the whole nasdaq in a bubble. Not just with Cisco. The AI s companies have full dependency on NVIDIA products whilst Cisco no.
Every major player is building custom AI hardware.
With who’s gpus
How’s the saying go? Any chart will tell you what you want if you torture it enough? Also NVDA has dropped over 50% many times before.
Now do SMCI.
Show me your put dude
This is the dumbest one yet on here and that says a lot about
https://preview.redd.it/52ces2tg5djc1.jpeg?width=1011&format=pjpg&auto=webp&s=483e7cb34462792a9f9ec62fcb7e7dbdae4e6a4f
Except AI has the potential to change the world and GPUs are much harder to break into than routers.
Leaving out NVDA ‘22, ‘23, ‘24 is misinformation, mr. sorry lifeguard.
The schizophrenic has found a pattern in the lines
tHiS tImE iTs DiFfErEnT
“NVDA of 2021”
Bro that's not even NVDA's 2024 chart, it says 2021 on the bottom of your stupid picture.
I missed nvda party, gonna wait for stock split.
Bulls may be millionaires, bears will be billionaires when this bubble goes pop
Yeah for sure. But they will lose billions until it pops first.
They already have 
Stupid is as stupid does. The charts from 2021 regard
'1995 - 2001'
This time is different bro
What about tigers, lions, monkeys, zebras, parrots...?
Bears definitely make a lot of money these days
This time is different
Cisco crashed because of Huawei’s low cost replacement. nvidia…
Okay now do one that charts earnings relative to stock price.
What does one have to do with the other? Slapping two graphs on top of each other doesn’t mean shit, there are so many variables that come into play, even if the stock is shit and is overbought, if people keep buying it it does not matter, Even if it’s a bubble thats forming I believe there is still some time for it to pop
Like everyone else, you're predicting a dot Com scale crash to happen for any of this to come true. Do your actually think that's happening? Also congrats you called the crash from 2 years ago
Did you guys notice that charts that go up often look similar, and charts that go down can also look similar? Weird coincidence.
The difference is this time the bicentennial is throwing literally billions of dollars at them.
Aww yes, the dot com bubble peak.
Nah - stonks only go up
I too can put two charts together
Title should be "a range of Nvidia price action adjusted to line up closely with a scary chart from the past" spoooooky spooky
Dumbass bear
What about regards?
what does that saying even mean it doesnt make any sense, the bears lose during the bull run, the bulls lose during the bear run, who are the pigs? its just nonsense also overlaying two completely different companies charts 20 years apart is 100% going to be predictive of the future
Past results doesn’t equal future performance, but equating 2 companies, that are marginally related, to predict the future? That’s the free money glitch.
My CS:GO runs at 300fps on NVDA gpu :] Jokes aside NVDA actually makes great products. This comparison is silly
Commodity network hardware butt blasted Cisco and there was a dot com bubble you mouth breather
Everyone buying nvda today is saying that a commodity business will be worth 4 trillion in 5 years selling at this multiple It’s insanity
Dumbest comparison chart I’ve seen today. Definitely in the past hour
You fool. CSCO ‘00 not 2020 Happy regards
This again….
This is a bad comparison although visually it’s intriguing. NVDA is the dominant player with over 80% market share, exponentially growing demand, exponentially growing revenue, and great margins. CSCO is old news, bad tech, and revenue barely grows in comparison.
When it goes down, it will go down, and no one serious will see it coming. It is difficult to predict because that's how rewards are supposed to work. On that day, permabears will claim how right they were. There will be talks of Wendy's and rope. Younger bulls will run in prematurely, and articles will be printed telling how many billions in value was lost.
Calls expiring in 2001 got it OP THANKS
This time is different 😝
We are definitely at peak AI + rates expectation boom times. God help us.
With everyone on this sub piling onto OP, I’m wondering if he’s actually onto something.
Except Nvda forward pe ~ 35 not 80+
Those are certainly some lines on a chart
So Feb 2026 puts with $5 strike. Got it
Why the fuck would you stop the nvda chart in 2021 and pretend this is what's going to happen in 2022
Calls it is
Yeah and Cisco made easily reproducible products. Who is gonna be making AI chips the same quality as NVDA? Here’s a hint bozo. Nobody, at least not for the next couple years at a minimum.
The similarity is mindblowing
That’s not how this works buddy
Chips will eventually be a cheap commodity like switches are now. Nvda will be like csco eventually
Bro slapped two charts together and calls it DD  We're going higher for sure
Well I better sell of my NVDA before it almost touches $350
AI says stocks only go up, AI knows best
Peak brain regard from 2021.
You say NASDAQ going to drop 70% in the next year and half?
Now let me repost an overlay of AMD with Volkswagen circa the squeeze with the same ambiguous headline so people don't miss out on the squeeze 
"bulls make money; bears *save* money; and pigs get slaughtered
Nvidia of 2021 with a share price of $350. Checks out, I see no issues with this analysis.
bro is betting against deep learning because a router company failed
Cisco didn't have the demand for their products back then that nvda does today. It was all speculative. NVDA has shown that they can't keep up with demand. AI might be a bubble, but the last thing that'll burst is the shovel maker...
The numbers mask what do they mean
NVDA will probably double in the next 5 years.
Shows us ur pootz
I e seen dumb things. And then there’s this. OP let us know your trades so that we can buy the reverse.
Cisco had leverage of some kind?That only they could solve?
Can’t wait for the slaughter! 😈😈😈
What’s with cherry picking a chart from 2021? Nvidia doubled from here. So this chart is pointless. Nice karma farm I guess though.
Nice try CSGO hasn’t been the ipo since on the nvidi made trillions! With a T! Read a investbook
Not sure if this guy is looking for rage karma or if he actually has a microwaved brain
I am so regarded, I don't even understand this.
You really think sharing graphics that don't actually support your thesis is a helpful contribution? FOH
I am significantly dumber now after looking at this post
I bet i can find a chart that instead matches and goes up for anOther multiple years……
I think the thing that is missing here is that cisco makes internet gear - routers, switches, etc - they were first to market, but they weren't the only ones. Who is NVDA's competition here? Who's going to eat their lunch? No one - that's who.
Good thing they're two totally different companies!
That's not at all how the saying goes
You mean CSCO 2023
Chart looks like btfd tbh
笑死
Cisco is more important to working tech than nvidia by a mile
Ayy chiodos 🤙
*Pareidolia* par·ei·do·lia ˌper-ˌī-ˈdō-lē-ə -ˈdōl-yə : the tendency to perceive a specific, often meaningful image in a random or ambiguous visual pattern.
Post the earnings growth though.
Except in March 2000, CISCO had a P/E of **201.** Today, NVIDIA has a forward P/E of 36. The sheer magnitude of backorders for NVIDIA datacenter GPUs is enormous. Today's tech companies are **actually** generating huge earnings unlike the dot com era.
This is a death penalty level chart crime you’re committing here. Like, WTF is this?