Nvidia: The Green-Eyed Titan

Nvidia-packed edition. August 27, 2024 [WEBSITE]( | [UNSUBSCRIBE]( Nvidia-packed edition: Enjoy a bonus Nvidia analysis from our latest recruit, Davis Wilson, below today’s issue. Nvidia: The Green-Eyed Titan CHRIS CAMPBELL Dear Reader, Bill Ackman, the billionaire hedge fund manager, has a theory. "I have a view that people become their names," he once told an interviewer. "Like, I've met people named Hamburger that own McDonald's franchises." Ackman embraces this idea whole-hog, seeing his own surname as a premonition of his destiny: "Ackman,” he said, as if it were plain as day what it meant: “it's like Activist Man." Wild idea, but not new. This belief - our names shape our fates - is as old as civilization itself. In ancient Rome, parents chose names for their kids with extreme caution. The name, they believed, would forge their paths. Fast forward to the 1990s, and this old concept found new life in the pages of New Scientist magazine. Readers began noticing a bizarre trend: people whose names seemed oddly fitting for their professions. A book on polar explorations by Daniel Snowman, an article on urology by researchers named Splatt and Weedon. A New York lawyer named Sue Yoo. A firefighter in Ohio named Les McBurney. (More recently, Usain Bolt.) The term "nominative determinism" was coined, sparking a debate that continues to this day: Can names shape destiny? Enter Nvidia. The tech giant that’s become synonymous with cutting-edge graphics and AI. Nvidia: A Name of Envy and Vision Derived from the Latin "invidia," meaning envy, the name is a nod to a lesser-known Roman goddess. In Roman myth, Invidia was often portrayed as a green-tinged figure with a powerful gaze. Her "evil eye" of envy was believed capable of shaping destinies and toppling the mighty. Nvidia’s logo, a green eye, seems to reinforce the mythological link. Even their marketing slogans, like "Green with envy" for the GeForce 8 series (not to mention the occasional green goddess), lean into this symbolism. Today, Nvidia stands as one of the most valuable companies in the world. Its success in AI and graphics processing makes it the envy of the tech industry. Competitors struggle to match its innovations, always seeming one step behind. Has Nvidia, through the ancient power of the name, willed itself to become the object of universal desire in the tech world? (Probably) Not To be sure, Bill Ackman isn’t alone. It’s well-known: many of the world’s most successful investors have held weird beliefs. George Soros claimed to rely on back pain as an indicator to de-risk. Bill Gross would do yoga poses in his office to change his perspective on the markets. Michael Burry has a glass eye and (allegedly) believes his condition helped him see market patterns others missed. Point is, as seductive as this story might be… Nvidia's success is more likely the result of brilliant engineering, savvy business decisions, and being in the right place at the right time as AI exploded. The lesson here for the tech investor is NOT to search for companies with auspicious names. After all, names can sometimes mean the exact opposite: Long-Term Capital Management. Honest Company. The Patriot Act. Instead, do what most won’t: look beyond the surface. Dig into the fundamentals, understand the technology, and analyze the market conditions. Indeed, Nvidia's success story is fascinating. The apparent root of its name and its dominant market position makes for a compelling yarn. But in the end, it's the silicon, not the symbolism, that powers our devices and drives the bottom line. Leave the myths to the marketers. Focus on the facts, the financials, and the future potential. That's where the real fortune lies – no divine intervention required. Below, our own Davis Wilson - a new Paradigm recruit - offers up his $NVDA analysis, revealing why he believes the green-eyed titan will continue to live up to its name. Check it out below. BUT, before you go… Our own investment philosophy - the art of looking beneath the surface - is exactly why we created Paradigm Mastermind Group. And put together a rare mix of tech oracles to dig out unique AI investments. They include: James Altucher - one who “grasps at the heel” (stays ahead) and “touches all things” i.e. “all-toucher”. Ray Blanco - the “beam of light” and “bringer of clarity”. Jim Rickards - he who also “grasps at the heel” and “bravely stands guard”. Not yet a PMG member? Our Customer Service Director has some good news: [Click here for his urgent message](. Read on. Secret A.I. Facility To Shock The World! [This A.I. chip]( looks like any other chip… yet I believe it will play a major role in the artificial intelligence boom. It’s currently being mass-produced by the millions as we speak. And you’ll never believe who’s behind these powerful A.I. chips… [Click here now for the full story.]( 24 Hours Away: Nvidia’s Big Announcement Davis Wilson DAVIS WILSON We’re less than 24 hours away from Nvidia’s big earnings release. The fate of the stock market quite literally rests on this company’s shoulders. Chris Campbell and James Altucher were gracious enough to let me write to you today. That’s because I’ve watched every tick of Nvidia’s stock price over the last few years. My investment account has the profits to prove it. I’ve made $200,000 just this year on the stock, while my first Nvidia shares, which were bought in 2017, show a profit of over 5,000%. In short, I’m very familiar with this company. If you’re currently debating on whether to buy shares, sell shares, or even exit the market altogether, read this first: The Nvidia freight train isn’t stopping anytime soon. This was confirmed just a few weeks ago when Microsoft, Amazon, Alphabet, and Meta reported earnings. Here’s a few quotes I think you should read: “To meet the growing demand signal for our AI and cloud products, we will scale our infrastructure investments with FY '25 capital expenditures expected to be higher than FY '24.” - Microsoft CFO Amy Hood “Looking ahead to the rest of 2024, we expect capital investments to be higher in the second half of the year. The majority of the spend will be to support the growing need for AWS infrastructure as we continue to see strong demand in both generative AI and our non-generative AI workloads.” - Amazon CFO Brian Olsavsky “I think the one way I think about it is when we go through a curve like this, the risk of under-investing is dramatically greater than the risk of over-investing for us here, even in scenarios where if it turns out that we are over-investing, we clearly -- these are infrastructure which are widely useful for us.” - Alphabet CEO Sundar Pichai “We anticipate our full year 2024 capital expenditures will be in the range of $37 billion to $40 billion, updated from our prior range of $35 billion to $40 billion. While we continue to refine our plans for next year, we currently expect significant CapEx growth in 2025 as we invest to support our AI research and our product development efforts.” - Meta CFO Susan Li All of these quotes are from the last month. Microsoft is going to spend more money next year versus this year to build out its AI capabilities. (They spent $19 billion just last quarter.) Amazon is projecting higher spending on AI development in the second half of the year. (Total expenditures was $30.5 billion in the first half.) Sundar Pichai just said he’d rather over-invest vs under-invest and fall behind on this generational technology. And Meta’s CFO just increased its projected AI spend by billions of dollars. Most investors don’t know these quotes exist. Or they simply don’t care and have decided to gamble their investment dollars based on half-assed research and emotions. I prefer to put in the work and look at the facts, however. The facts are clear: The deepest pockets in tech are increasing their spending, which means the Nvidia freight train isn’t stopping anytime soon. The stock will move sharply higher or lower tomorrow afternoon based on emotions and “FOMO,” but I fully expect the stock to continue drifting higher over the next several weeks and months as more investors catch on. Thanks for taking the time to read my thoughts today. You’ll be seeing more of me in the coming weeks. I’ve got plenty more insights and stories that will turn you into a better investor. So while I might’ve been the one to make a tidy profit on NVDA this year, hopefully next time you can join me. Until next time, Davis Wilson For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. [BREAKING] Tiny Biotech Stock Could Surge 10,000%+ Over Time? AI stands to have a critical impact on the drug discovery process. Using AI, companies have been able to produce new treatments faster and more cheaply than ever! One small AI company—led by the world's top scientists—has quietly just stumbled upon the biggest AI cancer discovery in history. And when they announce this discovery, it could change modern medicine forever and send their company's stock price soaring. [Click here now for the urgent details.]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. 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