[sgbuffett]

if u want to go fab…NXPI is a better horse

Good stocks bad price : Nvidia, AMD, AMSL, NXPI.

It's like iPhone 13... definitely good phone.just that price is high. 

This market is high gets higher, fanboy mentality as in Tesla.People look for good stocks but ignore price.

Chase trend up. Make money.

This type of game is not my game.

On closer examination I find US market bifurcated. There are old names like Intel, Cisco, Micron, etc that are not expensive...in fact good value for money.

So why not chase Bitcoins, Tesla and all the hot stocks?.....to make money in Tesla or Bitcoin, you need to hold through very deep selloffs ....and the fans know so far the stock always come back....so they will never sell when the stock comes down, many will buy more. The future of Tesla is less certain than these people think. So one day stock start a secular downtrend they will stay inside...to wait for bounce...because there is no realistic valuation reference.

Basically many of these high flyers are just bubbles. People don't calculate what they are worth...just only think of price going higher and higher as more people buy.

I track alot of these bubble stocks. For example Zoom. Because of work from home .....this stock became 'hot' and surge from 90 to 600. Then plunge to 285. Many of the fans of the stock will hold for come lback.