top | item 42840057

(no title)

MadSudaca | 1 year ago

If this is gambling, what isn’t gambling? Sometimes things just don’t go the way you want.

A Chinese company coming up with a cheaper alternative to a cutting-edge technology out of nowhere, is an outcome that is hard to predict.

In hindsight, betting on Nvidia maintaining its monopoly on a resource crucial for such an important technology as AI, might not be the best of ideas, but then again, who knows.

discuss

order

rsanek|1 year ago

buying an individual stock is gambling. buying an broadly-diversified index is not.