Why this Is NOTHING Like the Dot-Com Bubble!!! 😡

Please forward this to your favorite skeptic. I want them to tell me why I'm wrong.

The bigger issue is that Nvidia’s earnings are almost entirely a function of hyperscaler AI capex, and that capex is being justified by revenue projections that don’t yet exist at the customer level.

@greatmattsby Saw a lot of comparisons with the Dot-Com bubble. Nothing like it.

From elsewhere I read a week ago. Basically similar train of thought

Except this time the earnings are basically the same dollar rotated between 8-12 companies

People missed a huge rally, and they are sad, that's why they keep calling it a bubble.

@upliftyourpath That happens.

Finally, found someone who is speaking sense.

💯

2000 was hundreds of .com companies overpriced. 2026 is 8-12 tech companies all the other companies are way over priced.

It’s a sector aggregate & it hides extreme dispersion. Inside you have CoreWeave, Oklo, Vertiv, AppLovin (etc) trading at dot-com-style multiples. If Capex resets (it will) then it is done. Also, chart is indexed to 2021, which was itself an elevated base. There is a bubble.

Great info. Thanks for sharing. What the chart from for that?

You should be able to see it in the full video. I don't remember off the top of my head.

Awesome thanks!

Crazy to see it visualized like that. Makes you wonder what the hell people were thinking when they were hitting the buy button?

I was young but I remember the timeline. It was a complete euphoria for many years. It felt like the last month but that went on for years and the valuations just kept getting jockeyed higher even though the earnings never caught up.

I vaguely recall the day of the crash. I was either playing Mario party or banjo tooie on N64

💯 no comparison

Why don't you forward it to Warren Buffet ?

the bubble is likely in the “E”, while in 2000 it was the “P”

You need more than a few memory stocks to justify this rally. The hyperscaler spend doesn’t justify the near term ROI.

Watch.

Just because you flood a system with money doesn't mean the problems from 2000, 2008, and 2020 have disappeared they have only grown larger.

@greatmattsby Today, the companies driving the market (like the "Magnificent Seven" or major semiconductor firms) are among the most profitable entities in history.

Some sensible price analysis!

@Boiler_Hoops LMFAO…

WRONG. You're looking at suppliers for AI. When AI goes, the suppliers go. Micron becomes a shit stock again and we do a full reset. There is no earnings to support the spending for ALL major AI companies.

Retard who doesn’t understand cyclical businesses

@greatmattsby During the Dot Com bubble, many companies—especially in the tech sector—had no earnings at all. Investors were buying stocks based on "clicks," "eyeballs," or "price-to-sales" ratios because there were no profits to measure.

@greatmattsby I believe the same - AI has so many benefits to all of us, its not a bubble. .com was more about opportunity but not reality value.

Circular financing

bubble is not in memory suppliers companies... its in the memory consumers companies . They buying these chips & memories on investor buble money ..

Good info! 🤝

Just follow me instead

Maybe please tell @great_martis

Keep pumping. Pumper