BOOM! Nvidia hit the 5 Trillion Cap this Morning!

[marvin martian]

I paid $300K+ in Federal income taxes last year. Your experience isnt mine. It's people like you, moderate incomes, who think somehow the government would come for your money. Biden targeted above $400K and the Dems even offered the target to over $1M - no dice to Pubs. But because so many of you folks think that if I get taxed somehow it will trickle down to you. I dont mind. I am personally racking up extra dollars from Trump. I am thinking about getting a mountain home over the next few years as a third personal home.

^^^Poor people pretending on the internet are hilarious.

 

[SweetTea]

I paid $300K+ in Federal income taxes last year. Your experience isnt mine. It's people like you, moderate incomes, who think somehow the government would come for your money.

You don't know what my experience is. We don't have a moderate income by any measure. You aren't what I would call ultra-wealthy, even if you did pay 300k in federal income taxes. Y

Biden targeted above $400K and the Dems even offered the target to over $1M - no dice to Pubs.

Right, no dice.

Why didn't you mention any of the things I pointed out in my previous post? A person with a "moderate" income of even 400k is paying a boat load of taxes, especially when you consider all the penalties I mentioned.

I am thinking about getting a mountain home over the next few years as a third personal home.

Neat, but I already beat you to it with my "moderate" income. Speaking of that. Property taxes on non-primary residences are astronomical. Just another way that the "rich" pay more than their fair share.

 

[Rocko]

57 PE ratio too rich for my blood.

 

[citygator]

You don't know what my experience is. We don't have a moderate income by any measure. You aren't what I would call ultra-wealthy, even if you did pay 300k in federal income taxes. Y



Right, no dice.

Why didn't you mention any of the things I pointed out in my previous post? A person with a "moderate" income of even 400k is paying a boat load of taxes, especially when you consider all the penalties I mentioned.



Neat, but I already beat you to it with my "moderate" income. Speaking of that. Property taxes on non-primary residences are astronomical. Just another way that the "rich" pay more than their fair share.

Sure. If your income is also in the 99.7% I’d be shocked as shit because if you are worried about paying taxes making well over $1M a year, what kind of life do you lead that $30K more or less affects your life?

The ultra wealthy, say 99.9% are really struggling with paying $1.3M in taxes vs $1.0M? Or $13M vs $10M? Bullshit.

You’re just uninformed and think that your meager income is at risk. Scaring the uninformed is easier than getting candy on Halloween.

 

[SweetTea]

Sure. If your income is also in the 99.7% I’d be shocked as shit because if you are worried about paying taxes making well over $1M a year, what kind of life do you lead that $30K more or less affects your life?

This is where you get lost. Most Democrats consider 400k/yr wealthy. Heck, most Demorats consider far less than that “rich”. They would love to make tax policy to affect the “rich” guy making 400k per year. They tell us that those making 400k aren’t paying their fair share. The reality is that they are paying enough to make a significant difference in their quality of life. What someone needs/wants is all relative. To a person making 100k, a person making 400k is rich and should be able to withstand higher taxes. To a person making 30k, a person making 100k is rich and should be able to withstand higher taxes. Where does it stop?

If you think you get to keep too much of the money you make, why not just check that box during tax time to make a donation instead of buying that mountain house? Nobody is stopping you. My guess is that if you were taxed to a point where you couldn’t have afforded the beach house, you wouldn’t be too happy, even though you may still have far more money than those living paycheck to paycheck.

Democrats take a big game, but when the rubber meets the road, they protect the ultra-wealthy.(not you) Very wealthy Democrats in blue states threw a tantrum when Trump capped the SALT deduction to 10k. Sure, the taxes in these nutsy blue states are exorbitant and even some non-wealthy people were paying more than 10k, but they wanted the cap removed entirely so the rest of us taxpayers could subsidize their ridiculous property taxes. Republicans were forced to raise it to 40k in the BBB bill to appease them. Using the Democrats own definition of “rich”, non-“rich” people aren’t paying 40k in property taxes.

 

[citygator]

This is where you get lost. Most Democrats consider 400k/yr wealthy. Heck, most Demorats consider far less than that “rich”. They would love to make tax policy to affect the “rich” guy making 400k per year. They tell us that those making 400k aren’t paying their fair share. The reality is that they are paying enough to make a significant difference in their quality of life. What someone needs/wants is all relative. To a person making 100k, a person making 400k is rich and should be able to withstand higher taxes. To a person making 30k, a person making 100k is rich and should be able to withstand higher taxes. Where does it stop?

The increase under Biden would have been on income ABOVE $400,000 as a single and $450,000 as a family. If your family made $451,000 AFTER credits and deductions so you were likely around $500,000 you would be paying about $30 more in taxes under Biden. If you made $600,000 it would be about $3,000. If you made a million it would be about $15,000. If you made $1.5M it would be about $30,0000. Your $400k hypothetical family would be nearly unaffected. If they were making $600k they would have lost 0.5% of their income. Cry me a river. I bet you followed none of that.

If you think you get to keep too much of the money you make, why not just check that box during tax time to make a donation instead of buying that mountain house? Nobody is stopping you. My guess is that if you were taxed to a point where you couldn’t have afforded the beach house, you wouldn’t be too happy, even though you may still have far more money than those living paycheck to paycheck.

Youre on other threads bitching about $190 per MONTH of food assistance but begging for tax breaks for $400k families who you are saying are paycheck to paycheck when they werent even affected by Biden's proposal. People like you have no idea who is affected by what. You just make it up. Complaining about unaffected $400k families and demonizing a tiny food payment to the poor.

Democrats take a big game, but when the rubber meets the road, they protect the ultra-wealthy.(not you) Very wealthy Democrats in blue states threw a tantrum when Trump capped the SALT deduction to 10k. Sure, the taxes in these nutsy blue states are exorbitant and even some non-wealthy people were paying more than 10k, but they wanted the cap removed entirely so the rest of us taxpayers could subsidize their ridiculous property taxes. Republicans were forced to raise it to 40k in the BBB bill to appease them. Using the Democrats own definition of “rich”, non-“rich” people aren’t paying 40k in property taxes.

The GOP is good for anyone making over $1M. Really good for every million over that. Im no billionaire but I got a nice break between $20-30k on my taxes from Trump.

 

[Andrew_Jackson_FTW]

https://www.bizjournals.com/sanfrancisco/news/2025/10/29/sfbt-digest-wednesday-uber-nvidia.html

I don't want to sound like an a-hole or anything, but I am excited. Nvidia is the biggest segment of my portfolio right now. I have put a lot of money in it since June waiting for it to explode again. And now my gamble is paying off. I am also realistic and will sell it all as soon at is dips 8% or more. I have never been comfortable investing in tech, but there is too much money to made right now on it.

A company like that probably best to hold it for 20 or 30 years.

 

[Andrew_Jackson_FTW]

That is a mountain high valuation. There are only 12 countries outside the US with a higher net worth counting every citizen's wealth than Nvidia's stock.

Get out before it crashes. Not sure if that is next week, next year, or next decade.

With a company like Nvidia. It’s best to hold super long-term and buy the dips. It ain’t going anywhere.

Sure there will be dips along the way ….but we have reached a point where Nvidia is among the powerful companies like microsoft

 

[odanny]

Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR).

Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a stock price falling — on two of Big Tech's darlings.

Shares in Nvidia, which will report earnings on Nov. 19, fell by more than 2% in the first hour of trading on Tuesday before paring some of those losses. In an interview with CBS News on Sunday, President Trump said the US would not allow Nvidia to sell its top-of-the-line chips to Chinese buyers as a matter of national security.

Michael Burry initially rose to fame for rightly predicting that the US housing market would crash ahead of the 2008 financial crisis. Burry's role in Michael Lewis' 2010 book, "The Big Short," memorialized his status among investors who foresaw America's housing bubble. Burry was later portrayed by Christian Bale in the 2015 film of the same name.

https://finance.yahoo.com/news/michael-burry-of-big-short-fame-discloses-bets-against-palantir-and-nvidia-160833044.html

 

[Captain Creeper]

Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR).

Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a stock price falling — on two of Big Tech's darlings.

Shares in Nvidia, which will report earnings on Nov. 19, fell by more than 2% in the first hour of trading on Tuesday before paring some of those losses. In an interview with CBS News on Sunday, President Trump said the US would not allow Nvidia to sell its top-of-the-line chips to Chinese buyers as a matter of national security.

Michael Burry initially rose to fame for rightly predicting that the US housing market would crash ahead of the 2008 financial crisis. Burry's role in Michael Lewis' 2010 book, "The Big Short," memorialized his status among investors who foresaw America's housing bubble. Burry was later portrayed by Christian Bale in the 2015 film of the same name.

https://finance.yahoo.com/news/michael-burry-of-big-short-fame-discloses-bets-against-palantir-and-nvidia-160833044.html

I saw this too. Yikes.

 

[Captain Caveman]

https://www.bizjournals.com/sanfrancisco/news/2025/10/29/sfbt-digest-wednesday-uber-nvidia.html

I don't want to sound like an a-hole or anything, but I am excited. Nvidia is the biggest segment of my portfolio right now. I have put a lot of money in it since June waiting for it to explode again. And now my gamble is paying off. I am also realistic and will sell it all as soon at is dips 8% or more. I have never been comfortable investing in tech, but there is too much money to made right now on it.

Thread 'NVIDIA prediction'

Dec 27, 2024

I noticed Musk's AI centre bought $billions of Nvidia chips, practically putting Nvidia where it is today. And there's more $billions to go. So looking at the forecast on Nvidia's share price -

And.....

So anyone with a spare few dollars......

• Captain Caveman
• Replies: 16
• Forum: Stock Market

• 
• 

 

[Andrew_Jackson_FTW]

Investor Michael Burry disclosed on Monday that his hedge fund, Scion Asset Management, has taken positions against tech heavyweights Nvidia (NVDA) and Palantir (PLTR).

Burry, who rose to fame for correctly predicting the US housing market bubble and subsequent stock market crash in 2008, has taken out puts — or trades that benefit from a stock price falling — on two of Big Tech's darlings.

Shares in Nvidia, which will report earnings on Nov. 19, fell by more than 2% in the first hour of trading on Tuesday before paring some of those losses. In an interview with CBS News on Sunday, President Trump said the US would not allow Nvidia to sell its top-of-the-line chips to Chinese buyers as a matter of national security.

Michael Burry initially rose to fame for rightly predicting that the US housing market would crash ahead of the 2008 financial crisis. Burry's role in Michael Lewis' 2010 book, "The Big Short," memorialized his status among investors who foresaw America's housing bubble. Burry was later portrayed by Christian Bale in the 2015 film of the same name.

https://finance.yahoo.com/news/michael-burry-of-big-short-fame-discloses-bets-against-palantir-and-nvidia-160833044.html

There was a well-known investor Jim Chanos who shorted Tesla and caterpillar in 2013. Ouch

 

[odanny]

There was a well-known investor Jim Chanos who shorted Tesla and caterpillar in 2013. Ouch

No one ever bats .1000, not even Burry, he could be wrong.