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Comment by baxtr | Hacker News Reader

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baxtr·

They say any man can be seduced by one of these three: money, drugs or sex.

Or as Charlie Munger put it: There are only three ways a smart person can go broke: Liquor, ladies, and leverage.“

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Munger also didn't mean this in the context of an intelligence operation.

This is not just a lapse of judgement from some random encounter on a business trip.

Surely a whole team would be dedicated to this operation with whatever resources needed since it will be a tiny investment for the possible payoff.

Similarly, one would assume that an equally sized team is in charge to protect such a crucial asset.

I don't think he's at any risk of going broke. At worst he will lose his job and NVDA stock will suffer a brief setback.

I hope he lands on his feet after the dust settles. This job market sucks. Hope his $160 billion net worth will keep him afloat between gigs

Even more amazing he is worth so much despite owning so little of the company . Goes to show just how big NVDA is

Eh, NVDA could be in for some trouble if he's dismissed. He's very much a command & control CEO - his deputies are largely tasked with implementing his decisions, leaving no obvious successor - and the recent history of NVidia is one of Huang continually finding or creating new use-cases for its GPUs that has it keep attaining new heights even after the previous one crashes. There was a time, after the crypto crash of 2021, where NVDA was down about 66%; likewise after the crypto crash of 2018. If nobody finds the next great application of GPUs, we could see NVDA down 90% or more.

Smart person and liquor are not to be put in the same sentence. Perhaps depends on the definition of "smart".

My buddy took a wine tasting class at MIT.

Were wines non-alcoholic?

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