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I had invested in AMD when Lisa Su took over as CEO. I had been keeping tabs on the company for some time. Unfortunately I needed money to cover my basic living
by jongjong 4y ago
I had invested in AMD when Lisa Su took over as CEO. I had been keeping tabs on the company for some time. Unfortunately I needed money to cover my basic living expenses and had to sell all my shares about a year later. Even at the time, it was painful because I had spent a lot of time researching AMD and I was very optimistic about Lisa Su based on her background and her tenacity.
I could have made maybe 20x on my investment... Still, I don't feel regret. You can only regret things if you had a choice and I know that there's no way I could have avoided selling those shares.
- ant6n 4y agoI did make 20x, got in at 2$ — too bad I only put up 500 bucks. Lost more on intel tho… It’s gambling indeed, even if lightly informed.
- running101 4y agoI am still invested. I only got in like 1 or 2 years ago. Kind of think I should put more in.
- caycep 4y agoI probably missed the boat. But thinking now is the time to buy INTC and hold off on buying AMD...until the roles are reversed again?
- mywittyname 4y agoA new player could step in and take on Intel. Maybe the owners of ARM wise up and get into the manufacturing arena. People made it big on AMD and Nvidia because they got lucky by owning the players who profited from the shakeup that cloud computing and ML brought to the industry. If you told someone 15 years ago that companies would be buying clusters of Nvidia GPUs for $100s of thousands of bucks, I doubt many people would believe it. Intel certainly isn't a bad buy right now. Lots of things could happen and the industry will certainly look a lot different in 20 years. I can see a path where they manage to out-maneuver everyone else, but I think it's just as likely that they go the way of other major players.
- CabSauce 4y agoI was in on AMD at $9. The hype was so real between Nvidia and AMD that I got cold feet and sold (for a decent profit). Never in my wildest dreams would I have thought it would be here. I'd be retired.
- keepquestioning 4y agoThis thread is funny, reads like a gamblers support forum
- simonebrunozzi 4y agoRemember there's also CALL options, if you are really bullish on a company. Less capital needed, and more risky, but if you're right, you're richer.
- Gasp0de 4y agoThere's a huge difference between "Sure that AMD will rise in value" and "Sure that AMD will rise in value until exactly next month/quarter/year"
- jongjong 4y agoExactly. I experimented with options some time ago. My conclusion was that they're not good for profiting from long term growth. Sometimes the company may be improving in terms of fundamentals but its stock price could be flat or even going down for an entire year. You would be wasting a lot of money on premiums as your options expire worthless for several quarters in a row. Options require one to have detailed, short term information about the company and one needs to be able to predict the outcome of specific financial reports - This is almost impossible to do unless you spend a lot of time studying the company's operations in detail. I find shares superior if you just want to invest in fundamentals; you rely more on your reasoning skills to try to figure out if those fundamentals will lead to more profits down the line. Buying and holding shares isn't as data-driven as doing so with options. With options, you're competing against AI trading algorithms which have massive amounts of data.