Four for Friday

A Dozen Lessons about Business and Life from Jimmy Iovine (25iq)

The analysts at Evercore have gone absolutely nuts for Nvidia this morning, with a boost in their price target of 180 up to 250. I’ve been long the stock since last summer (my comments here) and extremely excited about all of the applications they’ve found for their graphical processing units (GPUs) and other distributed processing chips. It’s a brave new world coming our way and the ability for a chip to carry out multiple tasks concurrently is what is going to power it all.

Red-hot Nvidia gets its most bullish Wall Street call yet due to AI (CNBC)

My colleague Ben has some great stuff to say about why he loves writing and commenting on markets so much. This is universally applicable for everyone who wants to love what they do. Read this today:

Why I Love Writing About the Markets (A Wealth Of Common Sense)

Finally, this morning I went for a 20 mile bike ride with Ray Dalio’s first full-length podcast interview to keep me company. And it was f***ing awesome. Ray is truly a great investor, philosopher, entrepreneur and student of the markets. He’s also got some great insights about the importance of making mistakes and screwing things up – it’s the only way we grow. Just continuing to find success does very little for our growth. I loved this message and the way he explains it. Find the two hours or so to listen to Ray’s story, via Tim Ferriss:

Ray Dalio, the Steve Jobs of Investing (The Tim Ferriss Show)

 Okay, have a great weekend!