I don’t think I will ever predict something like this again, am I cooked
So i’m 21 and when I was 18 and in highschool I had to take an econ class where we did that stock market simulator and for context I had an IT certification at this point so I knew computers really well.
So when doing this project AI was in its infancy and I had identified that Nividia had a borderline monopoly on the GPU market especially with intel powered laptops since nividia cards work best with intel chips and they had a contractual agreement.
My thinking at the time was that the numbers for incoming college freshman for the 2023 year was extremely high and those people would need laptops and would most likely get intel powered machines with a nividia laptop gpu (besides macbook but I was looking at incoming stem majors specifically)
During this project the stock prices for nividia was like 21 dollars a share.
long story short I predicted the nividia jump but since I was 18 and in highschool I was saving for college and didn’t put any money in it because I was broke but I knew it was going to jump.
Now I am sitting here as a junior in college and thinking to myself “am I ever going to predict something like this again?” like am I just cooked and I watched my one opportunity to get my family in a better financial position as well as fund my future/college just fly by?
I have zero college debt since my dad is 100 percent disabled from military service so that’s good but I don’t know I am just thinking that I not only fucked over my future but also my wife’s and future children’s futures since I am a history major and hopefully will be working to get my phd in STS and specialize in the history of the automobile and motorsport, thankfully all of the programs I am looking at are fully funded with tuition waivers and pay you a live able wage so I shouldn’t go into any debt for that either.
Some advise will be greatly appreciated, I kinda feel like I won’t get another opportunity like that again.
TLDR: I predicted the Nividia jump when I was 18 and now I feel like I won’t ever get another opportunity like that again.
UPDATE: Ok after reading the comments I really appreciate the words of encouragement and the advice it really helped me out. One thing I wanted to clarify is that I really wanted to put money on it but like I said, I was 18 with no money and no interest in taking out a loan because I have seen first hand how loans can destroy someone if they can’t pay back. I just wasn’t willing to take that risk because nothing is guaranteed.
Though there is good that came out of it, because of that project my teacher decided to put a bunch of her money into Nividia and was able to retire early and send all of her kids to college (there insanely smart tho so they had full academic scholarships but still)
ALSO NOTE IM SORRY I MENT 2022 -2023 SCHOOL YEAR LOL it was when GPT 3.5 had just dropped so definitely not in infancy but right before it was going to take off
Final Update
So I didn’t think this would blow up like this holy shit. But technically my “prediction” was wrong, I had thought that Nvidia was going to slow climb and be a reliable option since there would most likely be a demand for them years to come (unless they went bankrupt or something) I DID NOT FORSEE THIS SHIT HAPPENING THOUGH IT WAS PURLEY BY CHANCE LOL
Also sorry if it came off like I was saying “I am a mega
genius and you pleebs are beneath me” Not my intention whatsoever.