Thanks for the reminder of “time in the market vs timing the market” and that missing the bad days (luckily) also means missing the best days of the market (most likely)
On Nvidia, I am reminded of Intel’s huge gross margin once upon a time - wrong execution and a bad decision can wipe out these margins…
Haha ya - in the long-run only monopolies and software companies get those type of margins. Then again, they are a monopoly (for now at least) and with Cuda ecosystem they are basically a software company lol
Thanks for the reminder of “time in the market vs timing the market” and that missing the bad days (luckily) also means missing the best days of the market (most likely)
On Nvidia, I am reminded of Intel’s huge gross margin once upon a time - wrong execution and a bad decision can wipe out these margins…
Haha ya - in the long-run only monopolies and software companies get those type of margins. Then again, they are a monopoly (for now at least) and with Cuda ecosystem they are basically a software company lol
Sometimes you do need a lot of luck with timing like with ChatGPT’s arrival, Nvidia becomes the king of AI!