Sigh...learning about TPUs a decade ago made me invest heavily in $GOOG for the coming AI revolution...got that one 100% wrong. +400% over 10 years isn't bad but I can't help but feel shortchanged seeing nvidia/etc
An out and out cherrypicker complaining about missing out on gains.. couldnt write a better script
Buying and holding stock for 10 years is not cherry picking as I understand it.
+400% over 10 years isn't bad.
It’s almost 15% per year, quite a lot.
yeah, but nvda is up like 500% in 2 years, so if you’re naive enough to think you can time the market, you’d have fomo over having invested in the “wrong” thing.
Seeing the difference between GPT2 and GPT3 made me run to NVDA immediately. One of the few bets in my life I've ever been confident about. I think NVDA was a pretty reasonable bet on AI like 5+, maybe 10 years ago when deep learning was ramping up.
I don't think anybody in 2014 believed that the performance of GPT-4/Claude Opus/... was 10 years away. 25 years maybe, 50 years probably, but not 10.
It wasn't just that, it was also all the deep learning stuff. Atari games playing themselves, deep style and variants. There was some interesting image generation happening. AlphaGo was 2015, etc. that was really when things started accelerating imo.
The potential usefulness of things like TPUs actually made me invest in Broadcomm, which helped Google design them and could potentially help Amazon or however else design their equivalents. But I'm also long NVidia and a half dozen other companies with AI exposure while still keeping most of my money in index funds.
Could've bought $QQQ unless you expected one of the components to do especially badly.