He believes the company’s aggressive spending and strong demand environment resemble Cisco’s position in 2000, just before the tech bubble burst. That doesn’t guarantee the same outcome.
However, when expectations run high and growth is priced in perfectly, even leading companies can face sharp corrections.
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Michael Burry is signaling caution on Nvidia.
He believes the company’s aggressive spending and strong demand environment resemble Cisco’s position in 2000, just before the tech bubble burst.
That doesn’t guarantee the same outcome.
However, when expectations run high and growth is priced in perfectly, even leading companies can face sharp corrections.
A perspective worth considering.
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