If You'd Invested $10 Million in Nvidia Stock 10 Years Ago, Here's the Shocking Amount You'd Have Today

Some of the world's best investors run concentrated portfolios. That is, they put huge amounts of money into a small number of stocks. This way, most of their money is invested in their top few ideas rather than their 10th-best idea.While few people have $10 million to invest, it's fascinating to see how a massive bet on a single winning stock can transform a person's life. Diversification is important, but the illustration below demonstrates just how powerful it can be to stick with your best investment ideas.Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks of the last decade. That's due mainly to its position as a leading artificial intelligence (AI) stock. With AI spending rapidly on the rise, Nvidia's business model has directly benefited from the sale of its leading graphics processing units (GPUs): critical components required for training and deploying complex AI models.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool