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相変わらず今はバブルではないという話。
借入がうまいこと利益に還元できなくなった時が危ないですね
There’s a lot of bubble talk out there, but in my view it’s still early days. Below I show my 1998-2000 analog with the valuation of CSCO back then overlaid on the valuation of NVDA today. Those are the then-and-now poster children of the internet and AI booms. As you can see, we…
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