Comment on Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears
sugar_in_your_tea@sh.itjust.works 3 days agoYeah, a “safe” PE ratio is around 20. The PE of the entire market is about 28, so investors are basically saying Nvidia is going to grow at double the rate vs the rest of the economy.
I think that’s bonkers, but what’s even more bonkers is Palantir with a ~1700 PE ratio. That’s ludicrous.