Powerful, rich men seem to always get in trouble blowing their lives up with these scandals. The phrase “liquor, ladies, and leverage” is a famous maxim attributed to billionaire investor Charlie Munger regarding how smart people lose their fortunes. Huang was a rockstar CEO founder of Nvidia, a company that is designing the chips holding up the entire AI economy and essentially the entire US economy and the world economy. He had an affair with a suspected Chinese agent who apparently diverting the $5 billion of chips she bought from Singapore to China and perhaps more. He apparently also has had affairs with two other employees. Now shareholders may not care that much about infidelity or being a playboy as Bezos's breakup really didn't affect Amazon and Musk is pretty much trying to impregnate as many women as possible, but here I perhaps suspect that access and convenience pushed infidelity to matters of national security, HR issues and also shareholder deception issues (for hiding the scandal until after the midterm elections). Do you agree with this assessment? Do you think that if Nvidia was based in Montreal or places where it is legal like Germany, this scandal would have never happened?
