NYU's Damodaran Doesn't See Magnificent 7 'Cash Machine' Slowing Down

The video discusses the dynamics of market pricing, focusing on the Max 7 tech giants and their influence. It highlights the distinction between pricing and investing games, emphasizing mood and momentum over fundamentals. The role of NVIDIA in the AI market is explored, noting its dominance in AI chips and the challenges of monetizing AI products.

What is the market currently pricing in, according to the first section?

• A correction in 2023

• Perfection with no crises

• Increased volatility

• A decline in tech stocks

What are the two games mentioned in the market dynamics?

• The trading game and the investing game

• The pricing game and the investing game

• The speculation game and the trading game

• The momentum game and the pricing game

What is the primary driver of the current market, as discussed in the second section?

• Government policies

• Economic indicators

• Mood and momentum

• Fundamentals

How much of the gain in US equities is attributed to the Max 7 companies?

• 10%

• 25%

• 20%

• 15%

What is a notable characteristic of the Max 7 companies?

• They have limited market influence

• They are cash machines

• They are not scalable

• They have low profitability

What is NVIDIA's market share in the AI chip market?

• 80%

• 70%

• 60%

• 50%

What is the main challenge for NVIDIA in the AI market?

• Monetizing AI products and services

• Reducing production costs

• Building more chips

• Expanding into new markets