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It's been 2 months. Certianly not a worthwhile time horizon to judge this investment over. The apartment I bought 3.5 years ago is worth less than when I purch
by AbstractH24 11mo ago
It's been 2 months. Certianly not a worthwhile time horizon to judge this investment over.
The apartment I bought 3.5 years ago is worth less than when I purchased. But buying an apartment if you plan to sell after 3.5 years is nuts. I'm confident it'll be worth more than I bough 7 or so years from now.
Also, 3.5 years ago, interest rates were significantly lower. I hadn't taken the opportunity to buy when I did, getting into the market would cost me much more and my eventual returns would be much lower.
- TremendousJudge 11mo agoThe apartment you bought also actually exists and you live in it (or somebody else does, same point). This isn't really the case with this investment
- AbstractH24 11mo agoI think Oracle would disagree.
- tguedes 11mo agoBut that's the problem with this. The vast majority of the spend is going to be on the Nvidia chips which have a shelf life of 3-5 years. They are not making any significant long term investments. During the dot com bubble, telecom companies spent 10s of billions of dollars laying down cables and building out the modern public internet infrastructure that we are still using today. Even if a lot of companies failed, we still greatly benefited from some of the the investments they made. For this bubble, the only long term investment benefits seems to be the electricity build out and a renewed interest and investment in nuclear. Most (if not all) of Oracle's investments are mostly in chips and data centers.