The residual-value floor is a contingent liability that equity markets haven't priced yet.
For Indian investors piling into global tech funds, this concentration risk is worth watching — Nvidia's guarantee could become a drag on earnings if chip values depreciate faster than expected.
The real question: will the first prospectus reveal the depreciation schedule that tells us how much of this is already on the books?
The residual-value floor is a contingent liability that equity markets haven't priced yet.
For Indian investors piling into global tech funds, this concentration risk is worth watching — Nvidia's guarantee could become a drag on earnings if chip values depreciate faster than expected.
The real question: will the first prospectus reveal the depreciation schedule that tells us how much of this is already on the books?
Not sure I fully follow you here...
Great piece of writing - thanks as always Linas
Thanks for reading - glad it was valuable. :)
Wow, it's truly Jensen's world out there...
It sure is, it truly is. :)
🙏