Is NVIDIA finally too expensive to buy? Let's break down the math.

not the first time we've talked about this company, ticker NVDA, Nvidia. That's been expensive for quite some time. We've actually done a few different reverse DCFs on it. Once we called it the secret weapon for calling the top. Going back to September 2023, we also did some reverse DCFs. And even before that on Nvidia, got links in this we can share in the chat, but they're all on our website and our community. Today we'll take a next deep dive on the Expectations in Nvidia now, obviously the AI race, AI wars, AI battles, whatever you want to call them, are constantly changing. It's the one constant supplying the chips and everything for it, but that doesn't mean it's a great stock.

Nvidia versus Arm, who's more expensive? We can run that out, but you're onto something there, Richard. The quick and dirty way we can compare these 2 is you got 4-point price-to-book value. Because both of these companies make money, so price-to-economic book value is a good sort of quick and dirty comparison point. Nvidia is at 4.5 times, Arm is at 22.8, so it's really pretty crazy expensive too.