Margie Patel

Well, it really shows us this representation of this huge sea change in technology, which is artificial intelligence.

And certainly, it's the leader.

It's way ahead.

But honestly, it's like a tsunami.

There's one big wave, and then there's wave after wave after wave.

And we really don't know if we're even near the peak of artificial intelligence really being incorporated in all the different industries.

So, this is a qualitative change that we've never seen in our investment careers.

Yeah.

Well, it's very hard to be negative on NVIDIA unless you see some negative development in the company.

And just because a stock has gone up, and actually looking at my portfolio, I actually have some stocks that have actually outperformed NVIDIA this year, gone up even more.

So I would say that as long as the growth path looks pretty good for NVIDIA, that it would be a worthwhile add.

Well, I think really all the oxygen is being sucked out of other areas of the market and going into artificial intelligence, data storage, data centers, all the rest of that.

And I think we're still continuing on that trail.

All those companies have high cash flow to fund these activities.

There's no sign that they're losing their enthusiasm to make investments to keep a

If you look at some of those stocks, like Micron's a great example, if the worst thing you can say about it is the price has gone up a lot, that doesn't mean you ought to sell it here.

So I think we're still somewhere in the middle of this huge wave of changing the whole economy, changing technology, and it's really too soon to say stocks are too high, I'm going to bail out.

Well, I think it's really not so much we haven't actually seen revenue pour in, but I think it's a change that companies are making because they see that this is what they need for their future.

And I think it's totally different, as he was making the point, from, say, the Internet bubble that people often make a comparison with.

The Internet bubble was about deregulation of the telecom industry, and it was about moving data and voice faster through pipes.