2025-01-03
16 分钟The email I get most is from young men looking for guidance and mothers looking for guidance for their sons.
The second most frequent email is the following.
Is it too late to invest in Nvidia?
And the honest answer is, I don't know.
I can imagine a scenario where it gets cut by 80%.
I can imagine a scenario where it triples.
So this is what you do.
You invest in SPY, because about 20% on the dollar will go into the Magnificent Seven because they're about 20% of the market cap of the S and.
P.
SPY is again a basket of different stocks.
It's an index fund that mimics the S and P.
So there are 500 companies in the S&P.
Nvidia is probably 3 or 5% of the total value of the S And P.
So 5 cents on your dollar goes into Nvidia, about 20%, is that right?
24, 25% is the Magnificent Seven.
The tech companies we talk about, 25 cents on your dollar will go to them.
So assume those companies double.
Great, you participate.
But assume the other 493 companies finally get their time in the sun and those companies go down a half, you're still fine.
You're still fine.