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But a low price doesn’t always mean a bargain. Sometimes, it just means the ground is poor.

The sale, you understand, is not merely a transaction, but a pronouncement. Benchstone, once a substantial owner – 7.2% of their entire fortune resting upon the whims of ocean liners – now holds nothing. Zero. A void. One might almost suspect a philosophical statement on the futility of earthly possessions, were it not for the rather prosaic reality of quarterly reports and portfolio adjustments.

The question, then, is not merely whether one should acquire shares in this company, but whether one is not a fool to hesitate. For a gain of such magnitude invites scrutiny, and the wary investor demands to know: is this a true ascent, or merely a fleeting bubble inflated by the whims of fashion? Is the price demanded now a reflection of genuine worth, or simply the consequence of an excess of enthusiasm?

The numbers themselves were, shall we say, robust. Revenue soared to $68.13 billion – a 73% increase. Operating income? A handsome $44.30 billion. Net income, a positively indecent $42.96 billion. One might suspect a misprint, were it not for the sheer consistency of Nvidia’s upward trajectory. It’s enough to make a statistician weep with joy, or perhaps, envy.

They clocked in with 17% revenue growth last quarter, hitting $91.4 million. Not bad, right? It’s like being mildly surprised you found matching socks. Adjusted earnings per share? A little less exciting. Up from $0.02 to $0.04. Which, let’s be honest, still requires a magnifying glass. But they did manage $23.5 million in free cash flow. Which is enough to buy a really nice corporate retreat…or, you know, reinvest in the actual business.

They speak of a streak. A quarter here, a quarter there. Each increment a small victory against the tide of uncertainty. Four years of consistent growth. A calendar marked not with holidays, but with the predictable arrival of a distribution. A man can almost set his life by it. The machine hums, and a trickle falls his way. The company claims a cushion – 1.8 times the distribution covered by earnings. A comfortable margin, they say. But comfort is a fleeting illusion. It’s merely the space between one worry and the next.

The closing bell found Circle elevated, a brief blossoming in the long, grey garden of finance. One wonders, of course, how long the petals will hold.