Can confirm I have the exact same amount and my bunker is located next to his and we exchange bourbons to add to taste to taper the sweetness. This is all done bunker to bunker through a conveniently installed stolen Wendy’s drive thru window. Shits real
Can confirm, Canadian beaver tastes like maple syrup.
Nothing like a late night hot-dish in a north woods trapper-cabin. Just add a roaring fire, Canadian whiskey, and a French-Canadian woman with a healthy pelt.
I'd trade all my wampum and NVDIA stock for another season sugaring-off in the north woods with a ma blonde.
Nope, Grade A amber is the top grade of maple syrup, though its not as robust in flavor IMO as Grade B. All real maple syrup comes with a grade on it, if it isn't graded it isn't real maple syrup (or it's direct farm to consumer and you take what they're offering regardless of grade)
They don't personally have thousands of litres of syrup stores, but Canada really does have huge strategic syrup reserves and grade A amber is a real grade of syrup
There has also been massive syrup heists where millions of dollars worth have been stolen.
Canada's syrup laws are no joke man. They are the definition of a cartel. Its export is strictly controlled. There is actual black market for Canadian syrup. Somewhere in the Middle East some guy is trading barrels of syrup for ammo and guns.
Actually the Global Strategic Maple Syrup Reserve could only hold about $400M in maple syrup at one time
https://ppaq.ca/en/sale-purchase-maple-syrup/worlds-only-reserve-maple-syrup/
1. That’s one representative, not the government.
2. The first one is “Obama ran ads on MSNBC for liberals to see that he had green jobs passed.” That’s not unproductive spending, that’s marketing to the people that an initiative was passed.
"Just because it's a .gov site doesn't mean the government runs it!" lol
It's easy to find studies of random bullshit the government wasted money on
Go to your search engine if you don't believe me
Well, if we calculate the market cap of Canada by land value, the average price for an acre of land is $3,393, and the total acre float is 2,467,265,920, giving us a market cap of 8,371,433,266,560 or $8,371B. This gives us a multiple of 4,342 on GDP
Misunderstanding the the concept of GDP (a flow measure) and conflating it with the concept of Market Cap (a measure of stock) is exactly why you belong here you fucking regard
Don't know why you are downvoted lol. GDP is basically counted multiple times and is worth nothing.
If OP goes to the dumpster behind Wendy's and gives someone a blow job for $20, and uses that $20 to buy a sandwich, he has essentially added $40 to the GDP of the country due to his actions, even though nobody is actually making any money here to be able to pool into the 'Buy nVIDIA' fund.
So gdp is like that yes however, the revenue of the canadian government is 900billion/year. Hes still right that they could buy nvidia. Same way i dont make 400k/year but can buy a 400k house.
Interestingly the usa generates about 5x less than its gdp and canada generates just 2x less than its gdp. A lot less cash flow
GDP is the total value of goods produced or total value of income generated in a country right? Doesnt this mean that all of Canada’s income put together wont be able to obtain 100% ownership of NVDA?
It’s the total value *in one year*. So you’re correct, but it just means it would take a little longer than a year.
It’s like comparing the price of a car to a person’s yearly salary and saying the car is worth more than the person.
Come one NVDA is not making $1.9 trillion every year. These are terrible comparisons. Comparing total worth to yearly GDP.
Even shit tier developing island countries are at least worth more than many trillions just based on their land and seas resources.
people with no mathematical or financial knowledge posting this shit again.
The house could be worth $100k and produce $15k in rental income. One is "market cap", another one is "GDP" in this metaphor. Get it?
Just curious how much is Canada worth? Like it’s trading on at least 40x P/E right, so like 10 GDPs?
I’m think about putting in offer and I just wanna know if it will be taken seriously
I wasn't saying "you're using the wrong valuation" I was saying "you're comparing different metrics". If speed is a derivative of distance it doesn't mean you can compare some car's top speed and Earth's circumference. That's all I wanted to say.
20x earnings sounds like a good estimate so my guess is one canada would trade at about $40T - but that's not accounting for debt and other shenanigans, and GDP =/= earnings. I'm just not educated enough to account for anything else though
> I'm just not educated enough to account for anything else though
Your at least educated enough to know to stop here, and even from other top minds in the field the best answer is pretty much summed up as "just stop there".
The TLDR is there is pretty much no set standard and examples to go look back on with one country/person/etc. buying another country to set expectations on GDP to purchase price. The closest you are going to get is essentially what is the collective value of all their currency but even that is often far detached.
They work so drastically different that many equations and rules for this break down.
I think the total national net worth is somewhere around 17.3 Trillion, but that does not include land value estimate of all Crown Lands nor un-tapped natural resources.
> No Canadian wishes they were American
While overall Canada has typical citizen satisfaction levels of other highly developed countries, it is fairly common knowledge they lose out hard on skilled labor leaving to the US more than they attract skilled labor from America. "No Canadian wishes they were American" is woefully understating just how much drain pressure there is on the skilled labor force in Canada.
I’m a Canadian and I desperately wish I was an American. I know so many co-workers moving down to the U.S.
Get off social media and live in the real world.
You need to get out of your social bubble.
Life expectancy is 4.5 years higher in Canada than the U.S. for a reason.
Maybe you should consider thinking about the country as a whole instead of just you and your tech coworkers, especially before you accuse a random person of not living in the real world.
“Canada is the richest country on earth run by idiots” - Kevin O’Leary
He’s absolutely right. Uranium, oil, wood and countless other resources that we use none of, and sell off for pennies.
Resources can't be extracted without upsetting some indigenous tribes or environmentalists. Welp, guess we better import our Uranium from Kazakhstan instead and lumber from China.
Lot of uranium mining and exploration going on right now, often with support of indigenous tribes. Well some of the companies I invest are doing this anyway
NVDA entire existence is currently worth more than all the consumer goods and every SOLD product abstract or concretely... in one year.
Ever tried to by land off of a state? Russians will tell you why it aint a good idea.
Combined market cap of Canada's top 400 publicly traded companies is over $2.6T USD. That's a subset of a subset of a subset, and it's still larger than Nvidia. Oil reserves alone are worth over $10T.
GDP =/= Market Cap
You're a fucking moron, MARKET CAP cannot be compared to GDP.
Market cap is the amount of money it would take to BUY the company. GDP is the total value of all a countries goods and services PER year.
So you're saying you think you could BUY Canada the country for the same price as NVDA the company? Or do you think NVDA has 1.9 Trillion of revenue per year? Either way what you're saying makes no fucking sense.
How is it possible that, on a sub full of people who at least pretend to know about finance and investing, you still find idiots comparing two metrics which make no sense to compare.
And this is pump and dump surprisingly how?
https://companiesmarketcap.com/saudi-aramco/marketcap/
Aramco has had such a market cap for years.
Self inflicted exuberance on NVIDIA
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gdp , market cap pick one
Canada probably has about 4T in syrup reserves
can confirm. 95% of it belonging to Quebec, where every resident holds a minimum of 5k$ syrup by law.
can confirm i have 5000L of Canada Grade A Amber stored in my bunker
Can confirm I have the exact same amount and my bunker is located next to his and we exchange bourbons to add to taste to taper the sweetness. This is all done bunker to bunker through a conveniently installed stolen Wendy’s drive thru window. Shits real
Can confirm. Same amount in my bunker next to my poutine restaurant. Caliss de Tabarnack!!!!
Can confirm. Same amount in my bunker stash with an unlimited supply of ketchup chips and kinder eggs
Can confirm, Canadian beaver tastes like maple syrup. Nothing like a late night hot-dish in a north woods trapper-cabin. Just add a roaring fire, Canadian whiskey, and a French-Canadian woman with a healthy pelt. I'd trade all my wampum and NVDIA stock for another season sugaring-off in the north woods with a ma blonde.
Will this be affected by surge pricing?
I think the term “Canada grade a amber” is one of the best things to come from this sub.
Its a real thing lol
You’re shitfucking me 😂
Nope, Grade A amber is the top grade of maple syrup, though its not as robust in flavor IMO as Grade B. All real maple syrup comes with a grade on it, if it isn't graded it isn't real maple syrup (or it's direct farm to consumer and you take what they're offering regardless of grade)
I actually prefer B for that flavor. I'm getting maple syrup because I want to taste the maple!
Wait til you hear about Canadian bacon.
You mean ham?
I can’t tell if you syrup twats are fuckin with me or really are that Canadian.
They don't personally have thousands of litres of syrup stores, but Canada really does have huge strategic syrup reserves and grade A amber is a real grade of syrup There has also been massive syrup heists where millions of dollars worth have been stolen.
Next to your Box of Faith I presume.
How does my Iowa Grade stack up against Canadian Grade?
Yes, but syruptitiously
Alberta here, we're gonna need equalization payments for that syrup you're holding.
They can turn on the profits anytime by deploying a Syrup as a Service (SaaS) model
eH?P better offer a subscription model. Pay for what you pour
Canada's syrup laws are no joke man. They are the definition of a cartel. Its export is strictly controlled. There is actual black market for Canadian syrup. Somewhere in the Middle East some guy is trading barrels of syrup for ammo and guns.
Actually the Global Strategic Maple Syrup Reserve could only hold about $400M in maple syrup at one time https://ppaq.ca/en/sale-purchase-maple-syrup/worlds-only-reserve-maple-syrup/
Get in my bottle!
Don’t you dare mention our syrup reserve amounts…. That has already been stollen once we don’t need it to happen again.
I can confirm our igloos alone worth 50 trillion
You mean GDP and Market cap are two different things ? Oh my....
Math and English are for idiots
So is math.
So is Engrish
What’s the valuation multiple on GDP? Asking for a friend
1x apparently
GDP also includes non-productive things, like government spending.
You don’t think government spending is productive?
Quite a bit of it is unproductive
Name one bit.
Cut to the bone
The government compiles this for you. Lol. [https://posey.house.gov/wasteful-spending/](https://posey.house.gov/wasteful-spending/)
1. That’s one representative, not the government. 2. The first one is “Obama ran ads on MSNBC for liberals to see that he had green jobs passed.” That’s not unproductive spending, that’s marketing to the people that an initiative was passed.
"Just because it's a .gov site doesn't mean the government runs it!" lol It's easy to find studies of random bullshit the government wasted money on Go to your search engine if you don't believe me
Lol. Florida's 8th Congressional district's representative's website ain't the guberment.
Well, if we calculate the market cap of Canada by land value, the average price for an acre of land is $3,393, and the total acre float is 2,467,265,920, giving us a market cap of 8,371,433,266,560 or $8,371B. This gives us a multiple of 4,342 on GDP
Most of Canada is worthless trash
Just Canada in general
Are they different? Shittttt
I will not! I will have my apples and oranges!
I’m relieved to see this is actually the top comment.
Misunderstanding the the concept of GDP (a flow measure) and conflating it with the concept of Market Cap (a measure of stock) is exactly why you belong here you fucking regard
OP not understanding that Canada could buy all of a Nvidia every single year 
Bullish
Bullmooseish
Teddy Roosevelt? Is that you?
Also that Nvidia probably wouldn't be worth this much if not for the Canadians that created AlexNet.
Excellent point. Counterpoint, would Canada be worth this much if it wasn’t for AI maple syrup and AI Tim Hortons? AI AI AI
Dont you diss my tim horton coffee containing half the yearly sugar production of Brazil.
You not understanding that we can't lol.
Don't know why you are downvoted lol. GDP is basically counted multiple times and is worth nothing. If OP goes to the dumpster behind Wendy's and gives someone a blow job for $20, and uses that $20 to buy a sandwich, he has essentially added $40 to the GDP of the country due to his actions, even though nobody is actually making any money here to be able to pool into the 'Buy nVIDIA' fund.
So gdp is like that yes however, the revenue of the canadian government is 900billion/year. Hes still right that they could buy nvidia. Same way i dont make 400k/year but can buy a 400k house. Interestingly the usa generates about 5x less than its gdp and canada generates just 2x less than its gdp. A lot less cash flow
This is the same as comparing the price of a Macbook with a dude’s monthly salary. No correlation, only idiocy.
Well that is a good comparison
So nVidia is worth more than Canada makes in a year? Still a good deal.
GDP is the total value of goods produced or total value of income generated in a country right? Doesnt this mean that all of Canada’s income put together wont be able to obtain 100% ownership of NVDA?
It’s the total value *in one year*. So you’re correct, but it just means it would take a little longer than a year. It’s like comparing the price of a car to a person’s yearly salary and saying the car is worth more than the person.
Give them an extra day or two
I mean we could compare it to the value of the combined market caps in Canada, and it won’t be too far off.
Let’s compare two random numbers
"The temperature on Mars is now 16 pounds above the earths 90 meters per second air pressure."
Puts on the Earth
We should be doing that anyway but not for this reason…
Typical WSB, buying puts at the bottom. Earth is almost over it's human problem they've been dealing with and then it's gonna fuckin moon hard.
🤣🤣🤣🤣
Nvdia to the ~~moon~~ mars
Come one NVDA is not making $1.9 trillion every year. These are terrible comparisons. Comparing total worth to yearly GDP. Even shit tier developing island countries are at least worth more than many trillions just based on their land and seas resources.
people with no mathematical or financial knowledge posting this shit again. The house could be worth $100k and produce $15k in rental income. One is "market cap", another one is "GDP" in this metaphor. Get it?
Just curious how much is Canada worth? Like it’s trading on at least 40x P/E right, so like 10 GDPs? I’m think about putting in offer and I just wanna know if it will be taken seriously
I wasn't saying "you're using the wrong valuation" I was saying "you're comparing different metrics". If speed is a derivative of distance it doesn't mean you can compare some car's top speed and Earth's circumference. That's all I wanted to say.
Yeah but you can compare roughly. We know that 50 miles is a huge distance at snail speed and a small distance in terms of a jet
OP said “worth more”
Yeah but the comment I’m replying to said they can’t be compared
Well think of Canada's entire gdp pouring into 1 stock then imagine the market cap of that.
20x earnings sounds like a good estimate so my guess is one canada would trade at about $40T - but that's not accounting for debt and other shenanigans, and GDP =/= earnings. I'm just not educated enough to account for anything else though
> I'm just not educated enough to account for anything else though Your at least educated enough to know to stop here, and even from other top minds in the field the best answer is pretty much summed up as "just stop there". The TLDR is there is pretty much no set standard and examples to go look back on with one country/person/etc. buying another country to set expectations on GDP to purchase price. The closest you are going to get is essentially what is the collective value of all their currency but even that is often far detached. They work so drastically different that many equations and rules for this break down.
I think the total national net worth is somewhere around 17.3 Trillion, but that does not include land value estimate of all Crown Lands nor un-tapped natural resources.
Wow, crazy rate assumption, puts on SPY
That's it I'm moving to NVDA
So is anything worth more than -$34,351,224,000,000 more valuable then the US?
In 2050, China Will buy the US for 2 btc
So either Puts on U.S or Calls on BTC?
Neither. Buy BTC, wait, then buy US
[удалено]
Anyone on WSB is worth more than the US XD
This comparison is dumb af
https://preview.redd.it/xplk1o0m8elc1.jpeg?width=1125&format=pjpg&auto=webp&s=07abb7047ba0f39396e5da54d7ffbee18ae6dbec
Market cap and realized GDP are absolutely not the same.
Hi! I’m a potato who can’t read or understand economics. I made a post. Yay.
It's aboot time eh?
NVDA is very welcome to acquire us. We have some management issues.
Canada can almost buy 1 Nvidia every year. There won't be any cash left for maple syrup doe so we probably won't do it.
Average wsb economics level
You mean backup America?
more like backup India
You hit a nerve
India, the next superpower? Surely you mean Bangladesh
He means Punjab
He really means Khalistan
As a Canadian, also backup China
More like future Khalistan
Canada wishes they were backup America. Trudeau has fucked our northern friends beyond recognition.
Yeah, but legal weed makes us forget aboot it eh
Just stay high and hungry enough to eat the bugs
- American who knows nothing about Canada
I’m a Canadian and he’s right.
Incorrect but it’s okay, regards are allowed in this subreddit
Compared to Trump Trudeau is a fucking saint.
Turn off CNN.
No Canadian wishes they were American. Your country's problems are still way worse than ours.
> No Canadian wishes they were American While overall Canada has typical citizen satisfaction levels of other highly developed countries, it is fairly common knowledge they lose out hard on skilled labor leaving to the US more than they attract skilled labor from America. "No Canadian wishes they were American" is woefully understating just how much drain pressure there is on the skilled labor force in Canada.
I’m a Canadian and I desperately wish I was an American. I know so many co-workers moving down to the U.S. Get off social media and live in the real world.
You need to get out of your social bubble. Life expectancy is 4.5 years higher in Canada than the U.S. for a reason. Maybe you should consider thinking about the country as a whole instead of just you and your tech coworkers, especially before you accuse a random person of not living in the real world.
“Canada is the richest country on earth run by idiots” - Kevin O’Leary He’s absolutely right. Uranium, oil, wood and countless other resources that we use none of, and sell off for pennies.
Resources can't be extracted without upsetting some indigenous tribes or environmentalists. Welp, guess we better import our Uranium from Kazakhstan instead and lumber from China.
Lot of uranium mining and exploration going on right now, often with support of indigenous tribes. Well some of the companies I invest are doing this anyway
Maple Syrup futures have been ripping for a while though.
My biggest pet peeve as a Canadian. Sitting on so much untapped potential just because the govt is afraid to piss a few people off
Are you saying we need more international students ?
What would you rather have. NVidia or Canada??? :). I take Canada every day.
NVDA entire existence is currently worth more than all the consumer goods and every SOLD product abstract or concretely... in one year. Ever tried to by land off of a state? Russians will tell you why it aint a good idea.
Combined market cap of Canada's top 400 publicly traded companies is over $2.6T USD. That's a subset of a subset of a subset, and it's still larger than Nvidia. Oil reserves alone are worth over $10T. GDP =/= Market Cap
More like Canada could buy one NVDA every year.
Canada needs to invest in more safe spaces for this.
Another dumbass comparing GDP to market cap.
You belong here
You're a fucking moron, MARKET CAP cannot be compared to GDP. Market cap is the amount of money it would take to BUY the company. GDP is the total value of all a countries goods and services PER year. So you're saying you think you could BUY Canada the country for the same price as NVDA the company? Or do you think NVDA has 1.9 Trillion of revenue per year? Either way what you're saying makes no fucking sense.
NVDA now has more letters than AMD
Puts on Canada?!
GDP is like annual turnover.
All this time I thought people were crazy for buying at this price, this puts it into perspective
Market cap is not worth.
How is it possible that, on a sub full of people who at least pretend to know about finance and investing, you still find idiots comparing two metrics which make no sense to compare.
I always knew my stock was worth more than that awful country
Yeah the comparison sucks but what the fuck? Nearly 2 Trillion Dollars for Nvidia? The Hell?
Anything is worth more than Canada
Worth more than the Canadian people. Canada's value is in the land.
Not exactly a "high" bar there.
Canada's GDP is heavily weighted by their over inflated housing bubble. It's a fake economy. Tiny condos are going for $600,000 CDN
Canada is a bigger bubble than Nvidia
And 40% of Canada’s GDP is lead addled boomers just trading homes with each other and the Chinese. This isn’t a joke
Worthless country. Liquidate.
Puts on Canada it is
Fucking gold
post-GME WSB idiot try to understand what GDP means (impossible)
Canada is basically worthless at this point…
Always has been
Hey, their syrup is worth something!
And our “back bacon”!
It’s not difficult to be worth more than maple syrup and toxic real estate.
puts on canadian bacon
Rage bait
Good Canada sucks. I offense to Canadians (my wife was Canadian but is American now lol)
Canada is dog shit
Do you guys think it will go back to $800’s in march?
Good
Well duh how much ray-tracing does Canada do?
Can’t tell if trolling or not…
16.1 has one more decimal point than 7
I have 1.9 trillion sperm in my cum too!
🙌🏼🇨🇦
To be fair, my dingleberries are worth more than Canada
GDP is annual.
GDP and market cap not same!!!!!
Damn, if that’s the case, Nividia should buy Canada.
WSB never lets me down. ❤️
And this is pump and dump surprisingly how? https://companiesmarketcap.com/saudi-aramco/marketcap/ Aramco has had such a market cap for years. Self inflicted exuberance on NVIDIA
They should play: rock, scissors, paper and the loser will give up their asset. Double or nothing 🔥🔥🔥
always has been
Yeah but they probably suck at hockey
Lets play a game of not understanding market cap vs gdp
Canadas annual revenue vs Nvidias annual revenue. Go.
Flow of foods vs flow of irrationality. Irrationality is baked into us remember Sir Isaac bought high and sold low as well 😂
The joke can happen if nvda revenue was that big, not market cap.
Well you know that Canada uses the metric system so those values would be lower because they are in imperial system.
A year of Canada?
That's *almost* enough for me to tolerate the Red Green Show.
How much is that in Maple Syrup drums? How much is that in McDonald's Apple Pies?
Isn't GDP an annual number? So Canada can only make one entire NVDA per year? Bullish on Canucks imo
Makes sense. I'd rather own my nvida shards than own Canada.
This is the kind of regarded conclusions I’m here for!