NVIDIA: Letting Winners Run Through Volatility

about 1 month ago

David Gardner

"When NVIDIA went from a four-bagger to an 80% drop in 2008 and even lost two-thirds of its value in 2022, it was a grim reminder that even the greatest stocks have rollercoaster rides. But the long-term story still made it the best stock of the last 20 years."

David Gardner recounts the dramatic journey of NVIDIA, emphasizing that despite severe drawdowns—over 80% in 2008 and 60% in 2022—the stock eventually recovered to deliver extraordinary long-term returns (reportedly up to 1300x). This underscores his principle of letting winners run and staying invested through market volatility.

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