{"id":62360,"date":"2024-03-17T15:00:38","date_gmt":"2024-03-17T19:00:38","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=62360"},"modified":"2024-03-17T15:00:38","modified_gmt":"2024-03-17T19:00:38","slug":"how-about-a-return-of-90700-thats-43-12-a-year-jensen-huang-speaks-tomorrow-monday","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=62360","title":{"rendered":"How about a return of 90,700%? That’s 43.12% a year. Jensen Huang speaks tomorrow — Monday."},"content":{"rendered":"

Around 2005, a young engineer went to work for Nvidia. He liked the company and bought 20,000 shares at $1.<\/p>\n

They’re now worth $18,160,000.<\/p>\n

That’s a return of 90,700% or 43.12% a year. Here’s the chart:<\/p>\n

\"\"<\/p>\n

Hard to believe Nvidia was once selling for $1.<\/p>\n

He put his 20,000 Nvidia shares in his IRA. He’ll have a nice retirement, with few tax consequences.<\/p>\n

Thinking of retirement, I Googled “the nicest beach in the entire world.” It’s baia do sancho in Brasil.<\/p>\n

\"\"<\/p>\n

Personally, I prefer Australian beaches.<\/p>\n

Harry, that’s a great story. But what about the rest of us?<\/p>\n

Today’s New York Times investment editor has a piece\u00a0 in the paper newspaper “Let’s Ask A.I. How Long Nvidia Can Keep Rising.<\/strong>“<\/p>\n

Online the article is headlined “If Nvidia Keeps Rising Like This, It Will Be Bigger Than the Global Economy.<\/strong>“<\/p>\n

My conclusion: it can run further. But it’s not going to continue\u00a0 the “astonishing growth” for long. You can read the NYTimes piece here.<\/strong><\/a><\/p>\n

Tomorrow at 4 PM EST — that’s Monday March 18 — Jensen will deliver his 2-hour keynote address to Nvidia’s hugely-popular GTC conference. He’ll talk about the AI advances that are shaping our future. For a preview click here.<\/strong><\/a><\/p>\n

For a little about Jensen,: About two weeks ago, Jensen sat down with a Stanford student for a wide-ranging interview.<\/p>\n