$NVIDIA(NVDA.US)

The stock market is full of people with high IQs but zero patience. That is my edge.

We are looking at a Lollapalooza Effect where hardware speed, software lock in, and data network effects are all accelerating at the same time. These forces reinforce each other.

When you find a business with this kind of momentum, the biggest mistake is interrupting the compounding simply because you got bored or scared by a small dip.

I am engaging in time arbitrage. I am willing to wait longer than algorithm traders and quarterly analysts. The big money is not in the buying and selling, but in the waiting.