Well, howdy there, internet people, it spell again.

So today, we're going to talk about NVIDIA, stocks, swans, and appetizers.

So, this is one I've been trying to get out all week, but dumpster fires kept erupting.

If you missed it, NVIDIA took a pretty big hit on the stock market, and by pretty big,

I mean the largest single-day market cap loss in history.

If you're not familiar with the company, it's a tech company, heavily involved in AI.

That massive loss spurred on by the announcement of a Chinese AI platform led to this question.

So, I lost a lot of money today.

That was fun.

Line go down and the whole time I was watching it happen, I was thinking about your Black Swan video for New Year's.

You know, the one where you said you thought there would be a market

correction led by AI stocks that might even approach crash range. I'm looking at 400 billion

or so in market cap decline on an AI stock. First, is this what you thought was going to happen? Or is this something else? Second,

what are the lotto numbers? For the news, it finally stopped falling with about a $593 billion

loss in market cap, which is around a 15 to 16% loss. Market cap stands for market

capitalization. It's the value of a company's outstanding shares. It's a good metric for the current

acceptable value of a company. But as you can see, that can change by half a trillion dollars in a day. Okay, so now

on to the question. This seems like it's just a massive overreaction to the news out of China.

But it convinced me, I'm not out of my mind. The market is overvalued. We're at 208% on the Buffett indicator, and people

are running on emotions. To me, this shows that once Trumpian economic policies take hold,

and then there's a moment that sparks panic, we're in for a correction at least. A correction

is a 10% or more, but less than 20% decline in market

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