India’s primary equity gauges currently trade at a valuation of nearly 21 times one-year forward earnings, comparable with that seen in Japan or Wall Street. This valuation diverges from the more modest multiples of 11-13 times earnings prevalent in equity markets as diverse in economic heft and growth outlook as Singapore, Hong Kong, the UK, and China.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy