00:00:00
everywhere I go people are talking about
00:00:01
Nvidia just Nvidia they're not talking
00:00:03
about other Stu although they're talking
00:00:04
about tech stocks being up but they're
00:00:06
used to those going up it's a really it
00:00:08
feels a little frothy feels a lot frothy
00:00:10
actually I get questions from mothers
00:00:12
about their sons and I get questions
00:00:14
from young men about careers and
00:00:16
investment and I used to give individual
00:00:18
stock advice I no longer do that because
00:00:20
the biggest question I'm getting now is
00:00:22
is it too late to get into
00:00:25
Nvidia and I can make a really good
00:00:27
argument for why it's not and why it's
00:00:30
absolutely too late and here I think is
00:00:32
the closest thing to a correct answer
00:00:34
without trying to dodge the question if
00:00:36
you buy a lowcost index fund by virtue
00:00:39
of the success of the Seven Samurai or
00:00:42
the Magnificent 7 in the fact that an
00:00:44
index fund is weighted about 31 32% of
00:00:47
your money is going to be invested in
00:00:49
these seven Great companies but 68% will
00:00:52
be invested in other things so you can't
00:00:54
get too badly
00:00:58
hurt
