Jun. 3 at 2:36 PM
$JD for the last few months I’ve been mulling over the immense opportunity cost I’ve incurred by staking a large portion of my portfolio in JD. A lot of the reason I haven’t added to any ai positions is because I’ve struggled to conceptualize the financials that would support these moves in semis, memory, etc. long term as the current earnings are being propped by insane amounts of capex.
In reality anyone that has struggled with getting themselves to buy these entities at elevated prices for the same reason is not inherently wrong. The fact of the matter is that the capex is occurring without roi. companies are blindly investing into an ai infrastructure that is currently hemorrhaging money out of hope that everything will work out and a fear that if they don’t invest they will be left behind. there is no issue with being skeptical of this and even if I had parked my money in these stocks I would’ve sold when I saw a 30% gain.
