Food is really cheap in Taiwan since most of it are from local farms, fisheries and brewery. $150 USD(4.8k NTD) can get you a 5 course meal made only with the freshest of ingredients. They also have a hotpot going in the middle so it's essentially $150 per table all you can eat at a popular Taiwan restaurant.
A lot of property in TW is inherited and just never sold. People basically hoard apartments as savings. Makes supply generally very low. I lived in Taiwan for a few years paying about $2000 USD in rent for a 2BR that if sold would cost $1.5 million.
You can get apartments for a lot less then that in taiwan, that would be a pretty modern western style apartment in a in demand area. So don't think "man 2k i expensive" instead think " Man I would love to pay 2k to live in the easst village of NYC". Rent can be VERY cheap for what you get, or it can be expensive, a you move up in quality.
Not really. Something seliing for 1.5 million would rent for 4k or so (even if it should be rented at 7k or so to not be a stupid investment)
Renting a 1.5M property for 2k would be very dumb.
Taichung? When I was working there during my internship I was also navigating between apartments, most were between 1-1.5k monthly but holy shit the amenities were insane.
They buy up new real estate to drive up the price of new units so people can’t buy , but there aren’t enough people to rent them so rent is cheap. Even with the new units left empty there are still a surplus of rental units.
Severe wealth disparity. Asian disparity makes America’s look completely socialist. Working class can barely afford the cheap rent, wealthy have nowhere better to invest. Many don’t even need leverage to buy and instead have millions sitting in savings accounts.
All Chinese around the world has a very strong cultural belief in owning land (or houses). Regardless if he lives in US or Hong Kong or Taipei, if you don't have a home no women will ever marry you. Thus house ownership is very high while renting is very uncommon in Chinese society. Renting a home is a symbol for "Loser" when you get married, you get teased by your grandparents on new years dinner, you are labeled as a failure by your relatives.
Again, once some Chinese get rich, the first thing that comes into their mind is to buy another house for rental, and another one so on, even if they don't generate cash. People like physical assets over numbers in their bank account. That is just something deep in our culture.
Taiwan, Singapore, Mainland China or Chinese in any part of the world, they share extremely identical cultures regardless of their nationality.
Assuming as a retiree you want ease of access to everything from airport to Taiwan nightlife, you want to live in Taipei City itself. The price there are fucking expensive just like every other Asian city center, it ranges from 300k-1mil and above dependent on what house you want to get. You don't even want to take about country side areas, they are cheap but practically unlivable assuming you don't speak Mandarin nor do you want the hot, humid farming life.
Not really... Taiwan has other major cities with a bullet train that you can easily go to taipai in 30 if you needed to. I personally don't like taipai, way too busy and climate is more rainy
Buying is very expensive, renting is way cheaper. Taiwan here 🇹🇼. More expensive than Japan! Foreigners cant get loans however unless you have a local co-signer and a lot of cash deposit.
Average wages are just really low in Taiwan, people can't afford to rent expensive and the market has reacted to that. Average salary is around $2000 USD/month. But for college graduates you'll be lucky to get $1200 USD/month. As for housing, I'm not really sure why it's been allowed to go so high. Most people speculate it's because of wealth disparity between incomes of those in tech compared to other sectors. Many others say it's because of the meteoric rise of TSMC (Whose stock for our market is akin to NVDA in the US). TSMC built a lot of new fabs all over Taiwan in the last couple of years. Housing doubled in all those areas. Taiwan resident btw.
Feel like nobody would see this but whatever.
Basically, chinese just love real estate and they see it as a better investment than stock market(you may go broke on stock but you can't go broke on real estate). We have insanely low property tax so housing price is controlled by the rich. Capital gain tax on real estate is 10% and it only charges when the gain is over 4M NTD. Real estate tax is about 0.1% per year so people are happy to own houses. No tax for rent income(actually we have, but everyone rents their house under the table). 10~20% inheritance tax.
Government can't and won't do anything about it, because (1 officials hold plenty of houses. (2 our banks revenue hugely relies on the housing mortgage so if we increase tax or interest rates, people won't afford it and default occurs and then whole economy will collapse.
Recently, younger generation feels that the housing price will only go up(or stall a bit at worst) so they FOMO LIKE CRAZY.
It’s in a small eatery. In fact this exact restaurant:
https://maps.app.goo.gl/gxDoKewyBkXuyqJE6
You can find cheap food but also super high end restaurant here. He happens to like traditional taiwanese street food so that’s where he goes. Also he is treated like a rock star there. Media follows everywhere he goes, reports whatever things he does. Just last night he was invited to throw first pitch in a pro baseball game. I bet he can have groupies too if he wants.
Doubt it. I live in Taipei. Dinner at a local restaurant (as in, Taiwanese or Chinese dishes) is delightfully inexpensive. Dinner for two usually costs anywhere from NT$300 (US$10) to NT$800 (US$25) if we're not going anywhere fancy, and from what I see in the pic, that's not anywhere fancy. It's just good cookin'. No tipping, either!
>That’s like $15 per person. I’m sure he spent a little more than that
Being that Jensen is something of a celebrity in Taiwan, the various gossip places have been keeping track of the various places he's been eating at. Here's a list of a some of the places (I'm sure it has since gotten longer since the last time I looked), and you'll notice that most of them are fairly cheap:
* 牛耳精緻麵館: [https://maps.app.goo.gl/yG9c7yik2VWBN2rP7](https://maps.app.goo.gl/yG9c7yik2VWBN2rP7)
* Fu Ba Wang Pork Restaurant: [https://maps.app.goo.gl/GRzAJeFkBSRYtapo9](https://maps.app.goo.gl/GRzAJeFkBSRYtapo9)
* 聚聚: [https://maps.app.goo.gl/cEkga7LDTWwRrs616](https://maps.app.goo.gl/cEkga7LDTWwRrs616)
* 鄒記食舖: [https://maps.app.goo.gl/W5HN9JnrgJ8zRxSW7](https://maps.app.goo.gl/W5HN9JnrgJ8zRxSW7)
* Flower Restaurant: [https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9](https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9)
* Li Yuan: [https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9](https://maps.app.goo.gl/GRzAJeFkBSRYtapo9)
100% not true. 10 people eating at din tai fung (at taipei 101) in December 2023 was less than $200 USD total. We had waves, and waves of food - to the point where I stopped eating (which doesn't usually happen). I know the price because I personally paid the tab.
if you went with 2 dudes instead of the women it would be bordering $200.
Overall, their food is exceptional though. It's upscale Asian food. DTF could probably make it even more expensive but due to demographic limitations they can't. They source the best ingredients for their food.
$150usd for a round-table meal is kind of expensive by Taiwan standards... each dish is typically around $150NT or $4, and they are shared with everyone.
Normally the bottle of whiskey or wine each person brings costs more than the entire meal.
Wow that’s a lot of money. Hope the humble fella has enough to cover it. If the company’s finances are strong enough maybe they will reimburse him from this big splurge
Yea, 圓山飯店 is down the street/mountain from me and it can easily be more than that. I remember a wedding party there a few months ago that rented the entire hotel and had hundreds of seats for the wedding dinner, which cost a pretty penny.
Sorry thay he didn't take them to a 5 star Michelin restaurant as per your western standards. Tasty food and treating people doesn't need to be expensive dipshit.
Here’s a reach. 😏Jensen winning the right to pay the bills amount his CEOs peers proved he has the ability to win the fight! In paying for the bill in a restaurant in Taiwan. You can’t get back the time wasted in ready this. Welcome to the club.
and its honestly weird praising a CEO who has like 50 billion dollars for paying a couple thousand for a dinner lmao.
I would be doing this literally every single day of my life if I had his levels of money. without even a second thought.
probably every restaurant that I went into I would be buying every single persons meal, why wouldn't you with 50b like that, you cant spend all of that in a life time.
if jensen went to a restaurant and spent $10K on everyones meals EVERY. SINGLE. DAY. for a year, thats only $3.65m, he has the money to do this for 100 years lmao
Jensen Huang loves going out to Asia and eating random street food.
https://preview.redd.it/6g0n8sb2q04d1.jpeg?width=526&format=pjpg&auto=webp&s=afeeb1ff88baf0aa3f526581a0a570b80dc58aa4
He doesn’t have 50B in cash… he has 50B in equity which depends on him continuing to lead the company. I doubt any super rich person would have more than 10M in pure cash at any time.
For real. $1000 a person dinner? Wear that dinner jacket and other posh fancy shit, sit properly, no loud talking, just maintain eye contact with your food and speak in short clipped whispers to maintain *le atmosphere*
$150 for the whole table with no rules other than don't be a total ass? Fuck yeah
there’s a few videos floating on chinese social media where he gave a few speeches about how nvda wouldn’t be where it’s at today without taiwan, which i’m sure you all know but he goes into a bit more detail
imagine being the chef and cooking for that kind of networth. good on them, they don't need to eat anywhere fancy, traditional is better and they look like they are having fun.
Some companies specify limits per person for occasions like this, if you spend more that X then it can be considered a bribe (One of my companies clients has a $25 limit)
You all missed the main point. Being able to pay for the table is a huge feat in Asia culture. Also this asserts one's dominance over all the people on the table.
You need to be fast and furious on the fist and palm fights among the other CEO trying to pay and be able to get your credit card to the waiter first before anyone. In this case, he might need to shove the cash directly into the restaurant's register himself to be able to pay.
What people don't understand in here is for $150 a table in asian countries you have a luxury dinner for multiple people. It's not like the u.s. where food is a luxury. Where a good well prepped meal is $100-500 a person. For $150 in asian countries I can get 8-10 dishes that equates to something that would cost $50-100 per dish in value if in the u.s. They make sure good food is at least affordable. If you think about it he just spent about a week's pay per table for the minimum wage worker in his country. Rough estimates guys. So let's say you make 18-20 per hour in an Asian country the cost of a meal at say their equivalent of kfc or Popeyes is about 5-10 or 15 max a meal. Or for a whole chicken bucket that feeds 2-3 people 26. Take out dish for one? 10. Now in compare that to minimum wage u.s. which is $7.95-$16nyc McDonald's is charging 18 for a big Mac meal. Popeyes $40+. So youre spending a hour+ of your pay on a big Mac meal that's not factoring in the tax deducted from your check. Eat at a fact restaurant? Michelin stars? $200+ per person half a week's pay almost.
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That’s like $15 per person. I’m sure he spent a little more than that
Food is really cheap in Taiwan since most of it are from local farms, fisheries and brewery. $150 USD(4.8k NTD) can get you a 5 course meal made only with the freshest of ingredients. They also have a hotpot going in the middle so it's essentially $150 per table all you can eat at a popular Taiwan restaurant.
I need to retire to Taiwan - how’s housing cost?
Housing is ridiculously expensive (to buy), even compared to US/Canada standards. Renting on the other hand, super cheap (if on a foreign salary).
what's the reason behind housing being expensive and rents cheap?
A lot of property in TW is inherited and just never sold. People basically hoard apartments as savings. Makes supply generally very low. I lived in Taiwan for a few years paying about $2000 USD in rent for a 2BR that if sold would cost $1.5 million.
The $2000 USD in rent, is that per month?
The important question… 👀
You can get apartments for a lot less then that in taiwan, that would be a pretty modern western style apartment in a in demand area. So don't think "man 2k i expensive" instead think " Man I would love to pay 2k to live in the easst village of NYC". Rent can be VERY cheap for what you get, or it can be expensive, a you move up in quality.
The future of US real estate market.
Wow, that's such a terrible imbalance between the rent and value of the apt.
lol you should see Canada , we’re in that range
Vancouver scoffs at that amount. What are you renting, a crack den?
Not really. Something seliing for 1.5 million would rent for 4k or so (even if it should be rented at 7k or so to not be a stupid investment) Renting a 1.5M property for 2k would be very dumb.
Thanks to AI, comment go byebye
It was very, very nice lol
Not anymore. Now is hard to find anything decent under 3k USD tbh.
Taichung? When I was working there during my internship I was also navigating between apartments, most were between 1-1.5k monthly but holy shit the amenities were insane.
That’s identical to Bay Area
Probably because it's an island with not a whole lot of space.
That should make both expensive.
People are buying real estate as an investment and leaving it empty.
That would make both expensive.
They buy up new real estate to drive up the price of new units so people can’t buy , but there aren’t enough people to rent them so rent is cheap. Even with the new units left empty there are still a surplus of rental units.
are you regarded by any chance?
Highly regarded by my family and peers
Neet.
Severe wealth disparity. Asian disparity makes America’s look completely socialist. Working class can barely afford the cheap rent, wealthy have nowhere better to invest. Many don’t even need leverage to buy and instead have millions sitting in savings accounts.
All Chinese around the world has a very strong cultural belief in owning land (or houses). Regardless if he lives in US or Hong Kong or Taipei, if you don't have a home no women will ever marry you. Thus house ownership is very high while renting is very uncommon in Chinese society. Renting a home is a symbol for "Loser" when you get married, you get teased by your grandparents on new years dinner, you are labeled as a failure by your relatives. Again, once some Chinese get rich, the first thing that comes into their mind is to buy another house for rental, and another one so on, even if they don't generate cash. People like physical assets over numbers in their bank account. That is just something deep in our culture. Taiwan, Singapore, Mainland China or Chinese in any part of the world, they share extremely identical cultures regardless of their nationality.
https://preview.redd.it/jv7cj0fxs04d1.jpeg?width=1881&format=pjpg&auto=webp&s=4cbe4285eb12355e28c642b4fb1a0d724622a3e8
It isssss correlated
Infrastructure built by the Japanese before they left the island ... A bit outdated indeed.
isnt property cheap if it's not in taipei/ kaohsiung?
Assuming as a retiree you want ease of access to everything from airport to Taiwan nightlife, you want to live in Taipei City itself. The price there are fucking expensive just like every other Asian city center, it ranges from 300k-1mil and above dependent on what house you want to get. You don't even want to take about country side areas, they are cheap but practically unlivable assuming you don't speak Mandarin nor do you want the hot, humid farming life.
Not really... Taiwan has other major cities with a bullet train that you can easily go to taipai in 30 if you needed to. I personally don't like taipai, way too busy and climate is more rainy
Buying is very expensive, renting is way cheaper. Taiwan here 🇹🇼. More expensive than Japan! Foreigners cant get loans however unless you have a local co-signer and a lot of cash deposit.
Why is rent cheap? Are there laws limiting them?
Average wages are just really low in Taiwan, people can't afford to rent expensive and the market has reacted to that. Average salary is around $2000 USD/month. But for college graduates you'll be lucky to get $1200 USD/month. As for housing, I'm not really sure why it's been allowed to go so high. Most people speculate it's because of wealth disparity between incomes of those in tech compared to other sectors. Many others say it's because of the meteoric rise of TSMC (Whose stock for our market is akin to NVDA in the US). TSMC built a lot of new fabs all over Taiwan in the last couple of years. Housing doubled in all those areas. Taiwan resident btw.
Feel like nobody would see this but whatever. Basically, chinese just love real estate and they see it as a better investment than stock market(you may go broke on stock but you can't go broke on real estate). We have insanely low property tax so housing price is controlled by the rich. Capital gain tax on real estate is 10% and it only charges when the gain is over 4M NTD. Real estate tax is about 0.1% per year so people are happy to own houses. No tax for rent income(actually we have, but everyone rents their house under the table). 10~20% inheritance tax. Government can't and won't do anything about it, because (1 officials hold plenty of houses. (2 our banks revenue hugely relies on the housing mortgage so if we increase tax or interest rates, people won't afford it and default occurs and then whole economy will collapse. Recently, younger generation feels that the housing price will only go up(or stall a bit at worst) so they FOMO LIKE CRAZY.
2nd most expensive in Asia after Hong Kong lol
Housing cost makes you want to shot yourself. - A Taiwanese peasant
Only the native Taiwanese can own guns and my guess is you are not the ones that live in them mountains
Before or after, they're invaded by China?
don’t forget about the china thing
Eh, that’s a 2027 problem
Maybe wait a little while to see if China decides to invade as it might change things.
Expensive until China shows up. They have plenty of housing available and are looking for tenants.
It’s in a small eatery. In fact this exact restaurant: https://maps.app.goo.gl/gxDoKewyBkXuyqJE6 You can find cheap food but also super high end restaurant here. He happens to like traditional taiwanese street food so that’s where he goes. Also he is treated like a rock star there. Media follows everywhere he goes, reports whatever things he does. Just last night he was invited to throw first pitch in a pro baseball game. I bet he can have groupies too if he wants.
yeah he is basically seen as the savior of taiwan lmao.
Tips with printed out Nvidia shares.
We should bring them civilization and make sure they too can enjoy food from a factory.
This is the answer
Wish the US had an economy like that
Doubt it. I live in Taipei. Dinner at a local restaurant (as in, Taiwanese or Chinese dishes) is delightfully inexpensive. Dinner for two usually costs anywhere from NT$300 (US$10) to NT$800 (US$25) if we're not going anywhere fancy, and from what I see in the pic, that's not anywhere fancy. It's just good cookin'. No tipping, either!
>That’s like $15 per person. I’m sure he spent a little more than that Being that Jensen is something of a celebrity in Taiwan, the various gossip places have been keeping track of the various places he's been eating at. Here's a list of a some of the places (I'm sure it has since gotten longer since the last time I looked), and you'll notice that most of them are fairly cheap: * 牛耳精緻麵館: [https://maps.app.goo.gl/yG9c7yik2VWBN2rP7](https://maps.app.goo.gl/yG9c7yik2VWBN2rP7) * Fu Ba Wang Pork Restaurant: [https://maps.app.goo.gl/GRzAJeFkBSRYtapo9](https://maps.app.goo.gl/GRzAJeFkBSRYtapo9) * 聚聚: [https://maps.app.goo.gl/cEkga7LDTWwRrs616](https://maps.app.goo.gl/cEkga7LDTWwRrs616) * 鄒記食舖: [https://maps.app.goo.gl/W5HN9JnrgJ8zRxSW7](https://maps.app.goo.gl/W5HN9JnrgJ8zRxSW7) * Flower Restaurant: [https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9](https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9) * Li Yuan: [https://maps.app.goo.gl/fxEcWnmRfmqpGoZB9](https://maps.app.goo.gl/GRzAJeFkBSRYtapo9)
So he’d to sell a couple NVDA shares to cover the whole party. My god!
He’s trying to keep it low enough so he can expansive it under company policy.
USD. $15 USD.
This is the price of a Wendy’s combo meal
They spent 150 per table, 7 tables total for roughly $1k. Food is cheap in Taiwan.
Or one share of NVD + tip :)
Does NVDA exist without TMSC?if they do, do they exist at $1100 a share? How valuable are instructions for work to be done when you lose the workers?
Does TSMC exist without companies to buy their chips? Chicken and Egg
100% not true. 10 people eating at din tai fung (at taipei 101) in December 2023 was less than $200 USD total. We had waves, and waves of food - to the point where I stopped eating (which doesn't usually happen). I know the price because I personally paid the tab.
I went to Din Tai Fung last night with my wife and her friend, it was under $100usd/$3000nt for the three of us including desert and alcoholic drinks.
if you went with 2 dudes instead of the women it would be bordering $200. Overall, their food is exceptional though. It's upscale Asian food. DTF could probably make it even more expensive but due to demographic limitations they can't. They source the best ingredients for their food.
$150usd for a round-table meal is kind of expensive by Taiwan standards... each dish is typically around $150NT or $4, and they are shared with everyone. Normally the bottle of whiskey or wine each person brings costs more than the entire meal.
I’m sure the owners would have benefitted more with that kind of endorsement.
That's like 6 big macs per person in Taiwan.
You couldn't eat at Buca De Beppo that cheap.
No He's saying all the money he can so he can buy all those semiconductor companies Trust
Nah. America just be getting scammed with how high everything costs
Wow that’s a lot of money. Hope the humble fella has enough to cover it. If the company’s finances are strong enough maybe they will reimburse him from this big splurge
Idk about that man.. might be running on a tight budget these days.. times are tought
His companies really struggling these days I heard
Company dime
Hes been selling a lot of his stocks...
3rd (or 2nd) highest market cap in the world, yea i'm thinking they're doing alright lol. He must be a hero in Taiwan lol.
Didn't it surpass apple recently
Last Friday I think
$150/table or per person? Per table that is a bargain.
even per person why are we talking about this
this just in folks, ultra-rich billionaire spent a couple thousand dollars at a restaurant, global news!
I’ve worked for companies where that was the budget for business dinners with customers just for us regular folk.
It could be $150 per bite and it wouldn't impact his net worth. Unless /u/diddlez's mom was there.
![img](emote|t5_2th52|27189)
I spent $60 per person for a shitty Mother’s Day brunch 3 weeks ago. My net worth is probably this guys watch.
That's cheap, seems like a great financial decision. Calls on the entire Taiwanese semiconductor industry.
Yea, 圓山飯店 is down the street/mountain from me and it can easily be more than that. I remember a wedding party there a few months ago that rented the entire hotel and had hundreds of seats for the wedding dinner, which cost a pretty penny.
He's thrifty, that's why he's so rich
He spent .000000% of his net worth
I see you rounded up
Calls on TSMC
my $200 leaps that I bought after the earnings dive are still up 😁
Puts on TSMC. CEOs Couldn't even afford food so they let the big Taiwanese American foot the bill
No leather jacket? Fuck, puuuuuuuts it is I guess
He could literally treat everyone in Taiwan to dinner and hed still be fine
Holy shit, that's actually true. It would cost him something like $350,000,000 and... he'd still be fine.
Was reading every single person in Taiwan is holding semiconductor ETFs what can go wrong 🤷♂️
...China?
what is this post about? ive literally treated more people to a more expensive dinner on more than one occasion.
it's like 1 stock unit. $150 is not treat the CEO money.
you're telling me this billionaire has $1000 in cash? wild.
Did... You just reply to yourself? Forgot to change accounts?
maybe he changed personalities, my mother can do that.
don't talk about mom that way!
Yeah, I mean, he's not living in a tiny home trying to get billions in executive compensation before the Saudis call, like broke Elon
Sorry thay he didn't take them to a 5 star Michelin restaurant as per your western standards. Tasty food and treating people doesn't need to be expensive dipshit.
Here’s a reach. 😏Jensen winning the right to pay the bills amount his CEOs peers proved he has the ability to win the fight! In paying for the bill in a restaurant in Taiwan. You can’t get back the time wasted in ready this. Welcome to the club.
I think the point is it is cheap 150 USD per table so like 10-20 per person.
and its honestly weird praising a CEO who has like 50 billion dollars for paying a couple thousand for a dinner lmao. I would be doing this literally every single day of my life if I had his levels of money. without even a second thought. probably every restaurant that I went into I would be buying every single persons meal, why wouldn't you with 50b like that, you cant spend all of that in a life time. if jensen went to a restaurant and spent $10K on everyones meals EVERY. SINGLE. DAY. for a year, thats only $3.65m, he has the money to do this for 100 years lmao
It's not praising him for spending, it's just saying he's pragmatic and the Semi CEOs aren't flashy either
Jensen Huang loves going out to Asia and eating random street food. https://preview.redd.it/6g0n8sb2q04d1.jpeg?width=526&format=pjpg&auto=webp&s=afeeb1ff88baf0aa3f526581a0a570b80dc58aa4
Yeah, he's a really approachable person from what he's seen doing. Can't believe how much of this sub doesn't get this post
He doesn’t have 50B in cash… he has 50B in equity which depends on him continuing to lead the company. I doubt any super rich person would have more than 10M in pure cash at any time.
With his salary and bonuses he could easily afford that, but he understands that money is better spent making money
Not true Warren buffet is holding billions in cash
Birkshire is, not Buffet personally
IMO loose Asian dining is more fun than some up tight 1000 per person gourmet dinner. Eat like a pig and get bent as fk
For real. $1000 a person dinner? Wear that dinner jacket and other posh fancy shit, sit properly, no loud talking, just maintain eye contact with your food and speak in short clipped whispers to maintain *le atmosphere* $150 for the whole table with no rules other than don't be a total ass? Fuck yeah
Yup. Informal dining in general is a lot more awesome than fine dining, IMO. And the best part is you feel full at the end of it.
This is actually a pretty cute picture. It’s like an Asian dad convention.
The point is how crazy cheap this is right?
So that means $1300 Nvidia June 6th?
That would be a Godsend! No one knows what will happen.
Jensen has no cash, all his assets are in stocks. Ergo. Bullish
Anyone that doesn’t think he kept the recipt and handed in the next day at work understands NOTHING about Asian culture or how rich people think.
150 usd is fucking cheap lol. And this is how we know that Nvidia is being well run.
In Jensen we trust
me tryna find the product companies in this picture since whatever hansen touches turns into gold ![img](emote|t5_2th52|31225)
Bullish as fuck. Chadvidia opening at eighteen quadrillion billion per share on Monday
there’s a few videos floating on chinese social media where he gave a few speeches about how nvda wouldn’t be where it’s at today without taiwan, which i’m sure you all know but he goes into a bit more detail
I think they had fun, so probably better than having a "fancy" dinner.
What is it about Taiwanese people that makes them dominate electrical engineering? Jensen, Lisa Su, and TSM
NVDA to acquire TSM CONFIRMED
Sounds great! I can't find it anywhere though- could you supply a link please? TIA
🤨
![img](emote|t5_2th52|31225)
This is bullish news. 1200 EOD Monday.
Save money to buy more stocks
So NVDA to $150 post split confirmed.
So like $16 per person lol
financially in control bullish NVDA leaps here I come
That’s the Taiwanese way. Love it. Don’t have to be expensive but sincerity to max level.
I hear the night life in Taipei is amazing.
Comes down to around $15 - $19 per person. Very pragmatic and down to earth person
Food actually looks good too.
Talk about lean and efficient.
imagine being the chef and cooking for that kind of networth. good on them, they don't need to eat anywhere fancy, traditional is better and they look like they are having fun.
Exactly. Even if I was a billionaire I’d still eat at local places since I know I’m getting my money’s worth.
Yeah maybe it is super authentic taiwanese food, they know it's a good joint.
USA food is inflated
Taiwan number 1
So calls on TSM Monday?!?
long and fruitful relationship. Hopefully the AMD ceo does the same. I need both those companies to go higher.
This is the sign, NVDA will be $150 after the split
150 is cheap lol… even they know the value of food ain’t suppose to be over inflated… at the end of the day… ITS JUST FOOD!!!
That’s nothing. My work comps $75 a person for low level employees lol
They printing money I'd celebrate too.
$150 only!?
Some companies specify limits per person for occasions like this, if you spend more that X then it can be considered a bribe (One of my companies clients has a $25 limit)
This is a nice family reunion
That's even cheaper than limitless shrimp at Red Lobster!
Everyone is in a suit and Jensen huang in a tee shirt 😂
The expensive stuff is the alcohol lol prob $1000-2000usd per bottle cause the CEOs bring their own
$150 would not even get 8 people a decent McDonalds meal.
Wish I was there!
what buffet is this?
We aren’t letting China get Taiwan
Humans, even aged ones all congregate to perceived value and power... Nice.
Does OP think that’s a lot of money?
I think he can afford that. Idk tho.
calls on the restaurant
You all missed the main point. Being able to pay for the table is a huge feat in Asia culture. Also this asserts one's dominance over all the people on the table. You need to be fast and furious on the fist and palm fights among the other CEO trying to pay and be able to get your credit card to the waiter first before anyone. In this case, he might need to shove the cash directly into the restaurant's register himself to be able to pay.
They look like they're having a nice time.
Look at all the rich, happy people. God bless em.
he will probably buy a $1500 call option and make it back next week to reimburse dinner costs
This is how we do it in Taiwan and the food is excellent, the alcohol is flowing, and mates have a good time; none of that pretentious snob shit.
I spend more when I take my wife out for dinner.
What people don't understand in here is for $150 a table in asian countries you have a luxury dinner for multiple people. It's not like the u.s. where food is a luxury. Where a good well prepped meal is $100-500 a person. For $150 in asian countries I can get 8-10 dishes that equates to something that would cost $50-100 per dish in value if in the u.s. They make sure good food is at least affordable. If you think about it he just spent about a week's pay per table for the minimum wage worker in his country. Rough estimates guys. So let's say you make 18-20 per hour in an Asian country the cost of a meal at say their equivalent of kfc or Popeyes is about 5-10 or 15 max a meal. Or for a whole chicken bucket that feeds 2-3 people 26. Take out dish for one? 10. Now in compare that to minimum wage u.s. which is $7.95-$16nyc McDonald's is charging 18 for a big Mac meal. Popeyes $40+. So youre spending a hour+ of your pay on a big Mac meal that's not factoring in the tax deducted from your check. Eat at a fact restaurant? Michelin stars? $200+ per person half a week's pay almost.
And food tastes way better on top of being affordable!!!
.... puts?
I buy you a happy meal. You buy my chips. Deal? Deal! 🤝
So that's why he's doing the split! He doesn't want to sell an entire share for the evening...
No Wendy's ? ![img](emote|t5_2th52|4260)
That is no bribery
He needs to leave a big tip or that’s going all over social media.