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From 2013 when graphics card had shortages and crypto was reigning supreme, nvidia was an obvious buy. AMD returning from the grave with their Zen platform whil

From 2013 when graphics card had shortages and crypto was reigning supreme, nvidia was an obvious buy. AMD returning from the grave with their Zen platform while their stock was $4 was another no-brain decision. I suggested these two stocks to everyone and I made a few of my friends millionaires. Sometimes investors miss a great opportunity. BH is no different. (I would not chase nvidia now FWIW)

Jlagreen 2y ago
The obvious part to invest in Nvidia was 2015/2016 when they started to make money in data center. Nvidia managed to move the GPU into data center and started to compete with Nvidia but actually creating a new market because CPU and GPU data centers weren't direct competitors since they are designed for different types of compute. From 2016 to 2022, so long before ChatGPT, Nvidia's DC revenue has been growing 50-100% YoY but because it started small, it was overshadows by shortages and crypto in the finances. But the indication was there. My investment in 2016 was on Nvidia building data center platforms for machine learning as I have listened to GTCs back then as well. Nvidia could have stopped the gaming business at any time, I wouldn't mind as it was never considered in my investment thesis.
ghaff 2y ago
A lot of investments seem obvious in retrospect, most end up middle-of-the-road, and quite a few end up being gambles that don't pay out. Certainly there are points where both AMD and NVIDIA offered good paydays--and also points where they looked like dogs. Make enough well-informed and diversified bets over the past couple decades and you've probably done OK in tech investing (and employment) if not necessarily life-changing.
- grepfru_it 2y ago
  I mistyped my comment. Nvidia was an obvious buy when their p/e was extremely low yet all of their product was in demand. AMD released Zen which gave Intel a huge run for its money right before spectre and meltdown. That is not hindsight, that is fundamental trading. It is ok to miss out on these opportunities, not everyone pays attention. But to call it the benefit of hindsight is a misnomer

Jlagreen 2y ago

The obvious part to invest in Nvidia was 2015/2016 when they started to make money in data center. Nvidia managed to move the GPU into data center and started to compete with Nvidia but actually creating a new market because CPU and GPU data centers weren't direct competitors since they are designed for different types of compute. From 2016 to 2022, so long before ChatGPT, Nvidia's DC revenue has been growing 50-100% YoY but because it started small, it was overshadows by shortages and crypto in the finances. But the indication was there. My investment in 2016 was on Nvidia building data center platforms for machine learning as I have listened to GTCs back then as well. Nvidia could have stopped the gaming business at any time, I wouldn't mind as it was never considered in my investment thesis.

ghaff 2y ago

A lot of investments seem obvious in retrospect, most end up middle-of-the-road, and quite a few end up being gambles that don't pay out. Certainly there are points where both AMD and NVIDIA offered good paydays--and also points where they looked like dogs. Make enough well-informed and diversified bets over the past couple decades and you've probably done OK in tech investing (and employment) if not necessarily life-changing.

grepfru_it 2y ago
I mistyped my comment. Nvidia was an obvious buy when their p/e was extremely low yet all of their product was in demand. AMD released Zen which gave Intel a huge run for its money right before spectre and meltdown. That is not hindsight, that is fundamental trading. It is ok to miss out on these opportunities, not everyone pays attention. But to call it the benefit of hindsight is a misnomer