00:00 brian
Eric, back to Nvidia. This is a stock that you and I have talked about 12,000 times this year, on various occasions. But it's going to explode next year. On January 5th, Nvidia CEO Jensen Wang will deliver another important talk at CES. What would you like to hear from him if you have a more bullish view on stocks, it sounds like you are? What do we need to hear from him to remain bullish here?
00:25 Eric
It would be great to hear more success stories and case studies of applications that people are starting to deploy that really prove a return on investment. I think there's too much focus on how much money and how long the investment phase is in, and they're waiting for evidence of how efficient the new revenue will be after the AI bubble and how fast it will grow. So, uh, there's more stories like that, whether it's from Jensen or the new CEO of the new business itself. Brian, there is one thing I would like to point out. Well, Walmart and Costco are currently trading at a forward P/E ratio of 40 times. You never hear about retail bubbles. I've never heard of large box bubbles. And even though Domino's Pizza has fallen recently and over the past six months, I think Domino's Pizza is still trading at a higher forward P/E than Nvidia at this point. Brian, when are we going to talk about the pizza bubble? What is going on here? That's what surprises me about our obsession with the AI bubble.
01:18 brian
Okay.
