Investing in tech is complicated but it is also one of the most rewarding sectors for stock pickers, due to the fast pace of technological changes. As an example, I invested first in Nvidia in 2016 as it became clear that AI and the datacenter would become a large growth area, and little of this was priced in. Having a deep understanding of the underlying technologies helps you to pick winners with a 3-5 year horizon.
Always excellent research and writing!
Thanks, it shows how complicated it is to invest in pure tech. I prefer tech-service companies as the moat is more about human interactions
Investing in tech is complicated but it is also one of the most rewarding sectors for stock pickers, due to the fast pace of technological changes. As an example, I invested first in Nvidia in 2016 as it became clear that AI and the datacenter would become a large growth area, and little of this was priced in. Having a deep understanding of the underlying technologies helps you to pick winners with a 3-5 year horizon.