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Nvidia could reach $50T market cap in a decade, says top tech investor
- helsinkiandrew 2y agohttps://archive.ph/8EqVk https://archive.ph/8EqVk
- simonblack 2y agoAnd it could have a value equal to that of MySpace too. Ten years is too far in the future to pontificate on Company values. On the other hand, if the the US Dollar goes the same way as the Zimbabwe Dollar, that value could be quite accurate.
- helsinkiandrew 2y ago> Anderson put the probability of this type of outcome at 10-15 per cent...He added that the path was likely to be volatile and that he would not be surprised if Nvidia had one or more drawdowns of 35-40 per cent I'm not sure the Hendrik Bessembinder research (that 4 per cent of stocks accounted for all the net wealth creation) can be used to justify selecting a few stocks - 4% is still over 1000 companies. However well Nvidia does in the next decade it has probably delivered most of its wealth creation in its ~1000 fold increase in the past 2 decades. > Bessembinder found that all of the $35 trillion in wealth that stocks created over and above Treasury bills returns between 1926 and 2016 could be attributed to just 1,092 companies, or 4.3 percent of the nearly 26,000 stocks that have been traded in the markets. More than half of the $35 trillion came from just 90 companies, or less than one-third of 1 percent. https://news.wpcarey.asu.edu/20180917-do-stocks-outperform-treasury-bills https://news.wpcarey.asu.edu/20180917-do-stocks-outperform-t...
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