People are making the same mistake, again. Learn from the past. People always point out to Cisco, when it was trading at…

People are making the same mistake, again.

Learn from the past.

People always point out to Cisco, when it was trading at 131 times forward earnings back in 2000.

Guys, Nvidia trades at around 20 times FWD PE, and people are terrified?

The AI sector is already generating hundreds of billions in revenue for some of the most profitable companies on the planet.

Microsoft, Google, Amazon, Meta, Palantir and Nvidia are producing actual earnings, actual cash flow and actual returns on invested capital.

A stock that falls 10% while its earnings grow 96% has become A LOT cheaper relative to those earnings.

Better fundamentals. Dramatically lower valuation.

That's how every technological revolution works.

But here's what I find fascinating.

When $Palantir Tech(PLTR.US) was trading at much higher valuations, investors were desperate to own it.

Now that the valuation has compressed dramatically, those same investors are terrified.

The only thing that changed dramatically was the price.

The next generation of millionaires will be created by people who can tell the difference between a broken stock and a broken business.

And have the patience to act accordingly.