I believe that making investment decisions based solely on what others are doing is not a sound strategy. I prefer to do my own research and make informed choices rather than follow trends blindly. My investment philosophy is rooted in the principle that I will only invest in a stick if I have a strong conviction that its price will rise over time based on careful analysis and evaluation.
In the case of Nvidia, I recognise that it is an innovative company with a strong track record in the technology sector. However, despite the company's impressive performance and potential for future growth, I have concluded that its current stock price is too high relative to its intrinsic value. In my view, the stock is currently overvalued and this is a crucial factor in my decision to not invest in Nvidia at this time.
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