More than half of Tiger 21’s members, a network of ultra-wealthy investors and entrepreneurs, avoid investing in Nvidia, citing concerns over the tech company’s volatility and the long-term sustainability of its growth. Some members avoid technology investments entirely, preferring sectors like real estate. Others believe that competitors will eventually catch up, as seen with Tesla and the rise of EVs from other manufacturers. Most Tiger 21 members do not hold Nvidia stock and do not plan to invest, with many doubting the company's long-term success.
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00:00It's Benzinga, and here's what's on the block.
00:02More than half of Tiger 21's members, a network of ultra-wealthy investors and entrepreneurs,
00:08avoid investing in Nvidia, citing concerns over the tech company's volatility and the
00:12long-term sustainability of its growth.
00:15Some members avoid technology investments entirely, preferring sectors like real estate.
00:19Other believe that competitors will eventually catch up, as seen with Tesla and the rise
00:23of EVs from other manufacturers.
00:26The majority of the Tiger 21 members do not hold Nvidia stock and do not plan to invest,
00:31with many doubting the company's long-term success.
00:33For all things money, visit Benzinga.com.