A founder who started with $60,000 in 2010 bought Amazon, Google, Facebook, and Tesla, then regrets selling Tesla early. He argues the real money is in an "AI index" of companies like NVIDIA, Google, and Meta that will dominate the next 5-10 years as AI cuts costs and improves services.
I graduated in 2010 and I started my stock portfolio. I bought Amazon, Google, Facebook, and Tesla. What years? Basically 2010, 2011. How much money? Probably $60,000 total. That's a lot of money. I did make a mistake because I sold Tesla earlier, probably 2014 or something like that. It's really freaking hard to do. Even if you buy right, you'll sell wrong. But there is a simple way of looking at things. Like right now, for example, I put my money into my own little AI index. It's very obvious, I think, at this moment in time in the world that AI is going to be a very big deal. The biggest winners over the next 5 to 10 years are going to be ones that are benefiting from AI in some way, whether they're NVIDIA, they're selling chips, Google or Facebook that are able to use AI in order to make all their services better and slash tens of thousands of employees. Instead of buying the generic S&P 500, what's the equivalent of the AI 50?
