For those of you that held Nvidia prior to 2016; people that bought and held between inception date and 2016, what made you believe in the company so much to hang on tight and know you were investing with the right company? For over 16 years that stock barely moved. Let’s hear some different thought process here..
For those of you that held nvidia prior to 2016…
byu/JoeygIsHere9 inwallstreetbets
Posted by JoeygIsHere9
37 Comments
Only a fool would hold a stock that performs poorly for 16 years.
You can ask the same question to Tesla bag holders
For me it was the gaming industry growth, but more importantly they were investing in data centers, AI, car manufacturing. Their diversification into new markets was key. I almost went AMD.
NVIDIA consistently delivered revenue growth, and profitability making it a no brainer.
When Ethereum was realized, it finally hit me, I basically won the lottery.
They had a monopoly on GPUs for the longest time. There was AMD but… come on. I remember shopping for gaming laptops in 2012 and the only relevant metric back then was which Nvida GPU. I had no idea about data centers or mining. I bought purely off their presence in the gaming space. I also bought AMD at $7 thinking they would also blow up as their closest competitor. I sold at $56 though because my monkey brain wanted weed in college
I looked around my house for brand names of products I liked and thought had growth potential.
I had just opened my account and told my financial guy “I love video games so if you could get some stocks that deal with that, that would be cool”. 570 shares at $16.
I bought it Sept.2015. I think it was around $23 a share. The Motley Fool led me down a rabbit hole, trying to get me to join MF, teasing a company that was going to be huge in the chip industry. Also, the CEO was very well respected by other CEO’s in the industry. Bought 3000 shares.
Biggest regret of my life. Was 16 built a computer set up for 5k instead of buying their stock at $3 a share.
I had NVDA around then because I built my first gaming pc and thought the tech was cool. After a couple years I moved it into an index ETF. Had no idea about AI or any of that shit lurking in the background. If I held it would’ve just been luck
I don’t fit the criteria you set, but in the pandemic years I bought nvda because I thought gaming was going to get huge with people at home more.
I bought into it sometime in 2004. It was in the single digits at that time. As a gamer, I had always bought nVidia products, so I was going with the “trade what you know” approach. I ended up selling at around $40 -$50/share a few years later.
I bought it in 2018- it was just because I like video games knew they made the best graphics cards.
I also knew they had some other interests outside of gaming but that always seemed like a small part of the business. Had no idea AI and data centers were gonna blow up like they did.
I this thread: people who didn’t buy NVDA until December 2023.
They had no competition. They still don’t.
AMD is lightyears behind and INTC isn’t even a rounding error.
I bought nvda and amd before 2016.
I looked up semi companies and bought them and intel then shifted over time to nvda only
I’ve got 40 shares from 2018 in an account I forgot about until last year. Regarded in the right direction.
IPO (1999) – January 2016 – 1900% gain “stock barely moved prior to 2016” lmao
When my kids couldn’t upgrade the gpu in their gaming pc because everyone was using them for other processor intensive tasks
I liked video games, their cards were pretty popular, I use their products
That was it
I didn’t know NVDA even had a stock until 2021. I bought it at 184 after the split. Then when the market crashed in 2022 I panic sold just above my cost basis. Never bought back in 🤡
Between AMD, which I also got, and them they basically monopolize the entire GPU industry. Wasn’t just gaming, we were using their specialty cards at work for simulations. Was to me honestly at the time a clear winner based on the given technology and given that PCs have stayed with the same architecture even till today, where integrated graphics is still shit, I think it will continue to be a staple until some brand-new technology comes along. At one point there was thoughts that a memristor would take its place and replace essentially all components but that never materialized.
I didn’t invest that heavily though so I am not like retire in my 30s rich. Setting up a DCA into SPY of $100/week and just forgetting about since my 20s has been the biggest gain for me
 probably had a computer 
Their chips inevitably ended up powering my Time Machine, was only logical.
In robotics we’ve been using Nvidia for advanced robotics for almost a decade. We’ve all known where it was headed.
AI is only a service. Robotics is the next paradigm shift for humanity
My advisor recommended Nvidia over Game Stop around that time. I was looking for stocks for my kids, businesses they could relate to and thus would maybe track and understand as they got older. I still bought some Game Stop.
Some other purchases for them included Disney, Netflix and Crox.
When my company helped build multiple data centers for them I knew it wasn’t fuk’n round. If you’re in construction research the jobs you’re involved in, follow the money.
I was a gamer who started getting into stocks around 2013 and decided to throw money into companies of stuff I was using.
Taiwan’s national sport is insider trading because every trade is reported for everyone to see end of day .. before that like 50% earnings jump to like 60 then 90 tons of people bought NVDA and TSM / semiconductor stocks
I own 100 shares of NVDA that I bought in 2016, I was a college student who got an intership in a company that developed a cloud rendering engine that was used in several VFX producst (movies, videogames, TV shows, etc…) they used only Nvidia graphic cards and some of the old guys there told me that almost every company only used Nvidia graphic cards, at the same time I noticed that domestic PCs and laptops started to be bundle with GC.
So, I took some money I had and invested in 100 shares and I’m not regreting taking that decision.
Crypto geeks and gaming nerds fighting over video cards. I doubled down after the china ban
I bought in around 2017 at 45ish I believe. 250 share ran to 165 fueling my new start as a full time trader. It dipped by to 60’s and I played it again. I took gains and failed to hold 6 years. The movement in the early years sold me. I have been in and out since the start typically holding 100-150 shares.
I had it in one of my account that was doing horrible overall so I forgot about it. Lol
I think it’s purely luck. 10 years ago, GPUs were meant for gaming only.
In those 10 years, two massive catalysts happened – crypto mining, and GPUs are perfect for that, and other companies’ persuasion of AI, which also needs GPUs.
You had the 2020-2021 mining craze, which enabled nvidia to sell every single GPU they had for 1k each, minimum. Before that, spending 600-700 bucks on a gpu was considered crazy. This was immediately followed by the AI craze, which is happening now.
I bought in 2016 because I loved building computers and gaming and was just learning about investing. I read somehwere invest in what you know. I wanted to buy NVDA at $28 and AMD at $1.98. I was told AMD was trash dogshit and NVDA I sold at $60ish. I was brand new and now I buy and hold because….I think I missed my chance at early retirement 🙁
I’m a big time gamer and I bought NVDA because they dethroned 3Dfx as the go to graphics card for PC gaming. Been holding since 2002, I just sell covered calls on my shares and generate weekly cash flow.
First purchase for me was 2007. Didn’t know much about investing at that point, but I’d inherited a tiny bit of money and didn’t want to spend it.
I had been buying Nvidia products exclusively since 1998 (Riva TNT). I watched them show up to the GPU party and absolutely dominate. They got ahead of everyone else on day one and stayed there for many years. Their unified driver was so much better and easy to use compared to everyone else. There were plenty of established companies in the computer graphics space (Matrox, ATI, S3, Diamond Multimedia, etc.) and in just a few years Nvidia crushed most of them.
I became so loyal to Nvidia I didn’t even consider buying from anyone else. I was in IT at the time, so I got to see just how crappy everyone else was in comparison. The GPU space was moving extremely fast during that time, and a brand new $200 card was basically worthless in just a couple of years. I saw how many cards I was buying and then binning just a few years later, and it didn’t show any signs of stopping. So when I had some money to invest, I did.
Sold it all a few years later to pay off a student loan lol, but loaded up in Sept. 2022 when I saw ChatGPT and knew Nvidia was still the only game in town. Depending on what happens this week I’ll probably pair back what I own, because it’s way too much of my portfolio at this point.
For me it was from being a competitive gamer and always hearing about the company and everyone I knew using their products