Introduction In the evolving landscape of artificial intelligence (AI), Nvidia has emerged as a pivotal player, capturing the attention of investors worldwide. As of June 11, 2024, Nvidia’s year-to-date total return constitutes a staggering 44% of the S&P 500’s total return. This remarkable performance has continued to push Nvidia’s valuation higher, now at 42x …
Continue reading “Nvidia’s Market Impact: Trees Don’t Grow to the Sky”
Introduction: As steadfast believers in value investing, Hoover Capital Management (HCM) has always been intrigued by the interplay between base rates and case rates in both the market and nature. Before delving deeper, let’s define these crucial terms: Base Rate: In investing, as in assessing natural phenomena, the base rate refers to the underlying frequency …
Continue reading “Value Investing’s Resilience: Sharks & Lightning Insights”