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Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion - TL;DR CNBC

Nvidia is a no-go for over half of this ultra-rich club's members with assets worth $165 billion

Publishing timestamp: 2024-09-04 08:31:20


Summary

Over half of Tiger 21's members do not invest in Nvidia, with concerns about its high valuation and potential competition. Despite being a leader in AI, some members believe its growth may not last. The club's focus is on wealth preservation rather than chasing high returns, with most of their allocation in private equity, real estate, and public equities.


Sentiment: MIXED

Tickers: NVDA

Keywords: business newsnvidia corpinvestment strategytechnologybreaking news: technology

Source: https://www.cnbc.com/2024/09/04/nvidia-is-not-favored-by-over-half-the-members-of-this-ultra-rich-club-.html


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