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Nvidia's 2024 AGM highlights: Pay packages and new AI market strategies
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I bought NVIDIA at peak on late March 2024

$NVIDIA(NVDA.US)$ Just sharing 3 months ago, I bought 3 Nvidia shares at $950, and then the next day I see it started sliding, people were panic, in 2-3 weeks it dropped down to $762 that time, losing 21%. I was devastated, people are spreading fear on how you need to get out, but I held on, because it's not like I needed the money and I am new back then and I see that NVIDIA has proven his track record on the 5Y chart as a stock climbs up w/ stability, so I decided to just follow the random warren buffet book I read, just be lazy and ignore it and do other things. And then a month passed it went back $950, after Q1 earnings report was released, it flew up to $1030, rest is history, going up to $120, $130, hitting $142 at it's peak. This is all happened in a very short 90 days. This incident taught me two things, first thing is that NVIDIA is a great stock, time always fix a great stock. Second thing is just be lazy, play your games do other stuff go dating, come back on August 15th Q2 earnings report. The more lazy and patience you are, the more likely you are going to earn money off the hands of impatience and hardworking people.
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  • ojack : Well said. After all, stocks trading is a game of patience

  • Space Dust : stocks ONLY go up.. triple it's value at start of year? 😉  Complacency can work at times.
    do YOU actually believe this stock will continue to only go up?
    wishful thinking. Jensen sold more than last 19 years. who would do that if the company was just gonna keep going up?

    how much did insiders sell back when you first bought in

    your advice to walk away until August could be foolhardy.

    a broken ⌚ clock ⏰ is right twice a day .

  • Space Dust ojack : be patient, stand right there. patience is good but it can become complacency. that separation is a hard one to time correct.

    it's better to take big loss and wait for the rebound 🪃😔.

    yeah, that's sooo much better than bailing out at a top, shift assets to better value, and then bail at that top, shift assets..etc ?

  • TestLa Kopi : $NVIDIA (NVDA.US)$
    $Tesla (TSLA.US)$

    Not financial advice but just sharing a story.

    Some smart ppl had diligently studied the math and science behind what the companies were doing  and believed holding 1000 shares in both would make them multi millionaires in a few years. They opined it's not about patience, it's a no brainier.  

    They thought those who coudn't hold or were greedy to trade short term would continue to rant and recommended not to get distracted by the noise.  

    They reinterated neural nets had started the next industrial revolution and cautioned those who believed in a bubble would be left regretfully far behind.

  • Joey Hall508 : Full contact trading. Triple witching day, Trillions doing the shuffle. NVIDIA moving up by default and some strange policies and math/Apple. Happens 4 times a year. We know it's high stakes gambling. If you're one of the many Whales you never even looked at the market until the end of the day if then. Put down the golf ball and play with the beautiful woman your ugly ass couldn't get normally except you're beyond rich. You already know that Nvidia has two new chips in their pocket and time on their side. You also know that everyone needs these chips that you can't have made fast enough. That daily another company Is building another data center to fill a void /Dell. On and on. COVID put the whole world behind, especially chips. This will probably be the year that the summer slow down in the mkt. don't happen except people spending the money they made on the Vacation they always wanted. Just don't fly in anything with Boeing 737 written on it. NVIDIA needed a break. But business goes on and everyone needs these chips. Yes, it will end.  I wouldn't be surprised if Intel starts making chips for them. It's not like the US government never gave them enough money to build multiple foundries that will start producing chips months from now. Ohio, California, Germany loves it. Have you seen a foundry. I have. They are never ending. TSMC actually has added security that will complete shutdown their foundries just in case China decides to take Taiwan back, and they will. So, buy, sell or trade NVIDIA. you've got time to make money no matter what way it goes. Don't hate yourself when they report earnings on August 26. Of course you can always buy some Intel at $30 before they start producing. You will wish you had. MABIE Best Buy. Got to replace those old computers with AI. Best Buy has the rights to 60%+ of all of them.

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