Ask HN: How much free beer would scare you?

2 points by paulkrush 3y ago ↗ HN

As I am writing this NVIDIA Corp’s market cap on the futures market is up 215 billion dollars. This is enough to buy a case of beer for each person in the world. 715/7.88 = $27.28. If the cans were stacked end to end… Enough!

I see this as a little bubbly, but par for the course. How about yourself? How much free beer would scare you? And you know where I am going here. What needs to happen in your mind to convince you to say: “Oh Shit! Something is happening here.”?

3 comments

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PaulHoule 3y ago ↗

According to this, the U.S. beer market is $115 billion a year

https://www.brewersassociation.org/statistics-and-data/natio...

and this claims that global sales of beer are $610 billion

https://www.statista.com/outlook/cmo/alcoholic-drinks/beer/w...

smoldesu 3y ago ↗

> What needs to happen in your mind to convince you to say: “Oh Shit! Something is happening here.”?

A time machine. Nvidia has been a strong buy since Pascal, anyone who's investing now is only reaping their diminishing returns.

paulkrush 3y ago ↗

It would be interesting to me if I saw used GPU prices jump back to 3x list purely from people wanting to run some new non-crypto libraries in the course of a few months. I think a 10x list jump would be scary to see at first, but normal looking back on. This is a hard question to ask because any real answer looks preposterous at first.