[scottiebarnes]

Yes, that is a limit of the model (PE ratio) that we're using. It requires the holding of all variables to be constant, which is not practical.

We use it as a snapshot in time to check our sanity and to allow us to compare apples to oranges.

That said, you could have made the same statement about AAPL or MSFT 20-30 years ago, and you would have been dead wrong.

[ElevenLathe]

Fair point, but without an engraved prophecy from a licensed and bonded deity, I probably wouldn't have bought AAPL or MSFT in 1988 either, certainly not with the intent of holding it until 2025. I would have been wrong in some sense, but one has to take on the risks one is comfortable with. I'd rather hold a broad index and focus on other things!

[scottiebarnes]

Fair enough.

As someone who bought NVDA in 2016/2017 and held till now, I'm very happy with the way I applied my software knowledge to profit where I won't have to work again.

Risk taking is best done in domains where you have an edge!