Bought NVDA due to perceived undervaluation (low P/E vs history) after strong earnings.
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Recently, I heard Austin say something along the lines of, "I saw Nvidia was cheap, so I had to hit pause and go buy $10,000 worth of it."
Like I don't know, maybe like two or three months ago, Nvidia was at like a buck 90, a buck 80, a buck 95, something like that.
And you look at its like historical valuation from a price to earnings perspective. They just had a killer uh earnings results. And I was like, "This makes no sense. I got to own some more Nvidia here."
So yeah, I bought $10,000 worth. I then took that cash in that retirement account, not a taxable event, and I invested it into Nvidia in that instance.
And I remember vividly, Austin, we were sitting there like, "Holy crap, Nvidia is so cheap." We paused the podcast filming and literally both invested more in Nvidia right at that moment and we had the cash available.
What this channel has said about $NVDA
Rich Habits has 8 calls on this stock; only the adjacent ones are shown.