3 ms·
And you would end up with an MSCI World Index - I recently invested in Intel rather than AMD or NVIDIA. In hindsight, NVIDIA would have been the better choice.
by number6 2y ago
And you would end up with an MSCI World Index - I recently invested in Intel rather than AMD or NVIDIA. In hindsight, NVIDIA would have been the better choice.
I also have some money in Index Funds - half a year ago it composed mostly of Apple, Microsoft and Meta, now NVIDIA is on top of the composition.
The lesson for me: I don't know enough of the industries to base any financial decision on it.
- dboreham 2y agoYou were following logic, so NVIDIA made no sense, since they're basically a meme stock now.
- distances 2y agoThis has been my long-time takeaway too. I see the opportunities as obvious only in hindsight, it does not appear to me to invest at the time. Then again, that has probably saved me from quite many bad investments too. 3D cards, web, smartphones, search, social media, CPU advances, chip manufacturing and shortages, blockchains, AI, the list is endless I suppose. Like most here, I've read about them all from the early demos all the way to the mass adoption. I'm very happy to invest in index funds and observe tech only from the tech point of view, without stressing about picking the winners.
- throwaway2037 2y agoMSCI World Index is much worse for historical performance compared to S&P 500. I would guess that half the profits of companies in the S&P 500 are international. There is little need to directly own companies in developing economies, when you can own their safer counterparts from developed countries that do a lot of investing in developing economies. This is probably true in the US, Europe, and Japan.