3 ms·
It's up 500%+ from 5 years ago
by leesec 2y ago
It's up 500%+ from 5 years ago
- culi 2y agoNVIDIA stock is up 1,677.08% from 5 years ago. What's your point? What stock picker is holding those positions for that long in this day and age? The S&P500 is up 100% from 5 years ago. If you want a long term investment, that's way less volatile than Tesla or Nvidia
- TheAlchemist 2y agoHis point is that many shareholders, at least the most vocal ones, are in for >5 years, and hence are sitting on huge gains. From their perspective, recent year is just normal volatility. As for stock pickers holding positions, well a lot of people do. As they should.
- leesec 2y agoMy point is you're calling for his outing when stock prices are back to october levels.
- culi 2y agoI didn't call for his outing, but they are below october levels. Despite Tesla expecting to have a competitive edge due to tariffs. Being "at october levels" still wouldn't be a good way to judge baseline. We would expect a decent stock to at least keep up with the gains of the S&P500 or some other representative index
- Marsymars 2y agoI'm holding various stocks, most of which I plan to hold for some decades until I retire and start drawing down. For long term holdings volatility doesn't matter much - I'm generally happy to take more volatility in exchange for higher expected returns. (Or else, I wouldn't be in stocks at all, I'd be in GICs and treasury bonds.) (That all said, I'm not long on Tesla; I have individual short positions to roughly neutral out my Tesla holdings within ETFs I hold.)
- lexandstuff 2y agoAlso up 0% from 4 years ago.