Jordi Visser

Well, 10 years from now, humanoids will be in the elevators with us.

How do you value even a physical company at that point?

How do you value NVIDIA at that point?

I don't know how you do it.

So Elon Musk talks about this world of abundance.

At some point when abundance is truly everywhere, then you only want to preserve the wealth that you have made in your lifetime as opposed to...

just having it invested in stocks that you know nothing about and saying, this is the way the world works.

I never thought it worked that way.

Maybe I'm stupid.

I just didn't think investing in stocks was a guaranteed winner for all of our lifetime.

And that eventually private businesses would take over for public companies, which I think I've talked about.

I don't think there will be public companies in 10 years.

I think there will be

an ecosystem of little entrepreneurs that are making a little bit of money and enough for them to be happy while the cost of everything goes down.

That's the world I believe in.

I could be 100% wrong, but I believe the market every day is getting closer and closer to that and the multiple compression's a sign of it.

I think a public company by definition.

So you have to kind of go through this a different direction.

Let's use health as an analogy.

Let's assume you see someone who is 60 years old and they're 100 pounds overweight.