RE: Stranger Things: The Impact of GPU Mining and the Case for Buying AMD Calls

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Stranger Things: The Impact of GPU Mining and the Case for Buying AMD Calls

in money •  8 years ago 

There is no way this is true. I bought blank DVDs and self-subsidized those purchases for examples. Or like buying the ingredients from brownies and a bake sale. It's not only not revolutionary, it's not even that uncommon. Wouldn't a PC be another version of one that directly applies?

I get what you're saying, but GPU resource sharing is on a different level...maybe half-way to self-driving cars. The thing is earning income by doing what it does. If the brownies baked themselves, or the DVDs wrote themselves, I would agree.

And the maybe AMD stock can hit $20 is too squishy: AMD, unlike crypto anything, actually has fundamentals to analyze, so it's worthwhile to do so.

In my experience, the best opportunities are discounted well ahead of the 'fundamentals'. For example, Tesla from $30 -> $130 seemed to make no sense at the time.

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The thing is earning income by doing what it does. If the brownies baked themselves, or the DVDs wrote themselves, I would agree.

Mining is not magic, it takes time, effort, and management. It's easier to bake brownies.

In my experience, the best opportunities are discounted well ahead of the 'fundamentals'.

In mine, so are the worst ;). And that's the rub because investing is a risk averse, avoid capital losses and drawdowns, type of business. It rewards discipline and loss aversion in the long run.