00:00 Speaker A
I love when you do your videos. Uh 11, 11 boring ideas, but you started this video off by saying that the end of the bull market might be in sight. I mean, take us through that thinking and hit me with one boring idea before we go.
00:15 Speaker B
Well, I mean, I’m a contrarian, right? So I have to I have to stand, you know, I’ve been a contrarian for, you know, for four or going on five decades. So I I can’t flip the cards over now. So at all-time highs, I really have no other choice other than to say, you know, that that we have to be, I don’t shouldn’t say we have to be
00:36 Speaker B
is that I think we’re, it’s not, it’s not that I think we’re rolling over and crashing or anything like that, but I just think the pot odds favor the downside of the market. I think there’s a lot of stocks that are very fully priced. And I know there’s not a lot of other things to invest in and things like that, but I I will just say that I think stocks are fully priced. And I think if you do get any kind of momentum to the downside like we saw last April, and I expect to see something like that, maybe, you know, in March or April or May this year, I think you’re going to get a little, I don’t think we’re crashing. I think you’re going to get a little nasty sell off, maybe 10, 15%.
01:14 Speaker A
Is what Nvidia qualifies a boring idea? And I and I’m going to ask, I asked that totally
01:20 Speaker B
Nvidia, Nvidia would be a very boring idea if you want
01:21 Speaker A
Right? because we all know the story. We know that they’re leading AI. I mean, that is a fair, I mean, would that would that stock withstand some of the volatility you just talked about?
01:33 Speaker B
I mean, you know, I love what Nvidia is doing because having their AI platforms and and the technology that they’ve built is like having a genius best friend that’s always available to you and you can just, you know, pick their brain with a 165 IQ anytime you want. It’s the coolest stuff ever. But that doesn’t mean that the stock is not totally fully priced. And so I just, you know, I look at Nvidia and I’m thinking to myself, how much more upside in here and what kind of downside is there if this thing rolls over? So it’s not a function of, you know, Nvidia itself, it’s just a function of price.
02:11 Speaker A
You think Nvidia still has the the largest market cap end of the year?
02:15 Speaker B
Um, you know what? I said Google. I don’t know why. I was just trying to be different. I think it could be Google, but I don’t know. I don’t think it’s going to be Nvidia.