Comment by saturn8601
7 hours ago
Really nice background in the recent book The Nvidia Way. The gist of it was Jensen recognized that having the best chip once wasn’t enough.
The result: Nvidia organized around delivering something new every six months. This meant a new architecture followed by two improved derivatives over an approx 18 month period. That turned 3dfx’s development schedule into a trap.
Conclusion: disciplined execution above all else.
Its interesting how even I didn't realize how competitive he was...until after the market realized recently. Wish these books would come out a year earlier than they did. :/
I guess i'm not cut out for stock trading. I'm always arriving as the train is departing both in real life and on the market.
> I guess i'm not cut out for stock trading.
As it turns out, neither is anyone else, even people who do it for a living. (If we constrain the definition of "stock trading" to mean researching and picking individual stocks.)
https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street
Yes good point. A lot of it is gambling. Still, would be nice to have a win once in a while.
Thing is, in order to do that, you have to play the game, and if you do, you'll lose as well as win. Have the vast majority in index funds, but if you're desperate for a win, pick 100 stocks and put a dollar in each of them (by buying fractional shares), wait 6 months, and then simply ignore the losers.
> Nvidia organized around delivering something new every six months
That explains the SUPERs that were released seemingly very quickly after the original models. Looks like the 5 series will miss out on that due to the ram shortages and prioritising their HBM server models.