Stock Talk · by Jisoo Park · 2026-08-28
i still can't make myself sell NVDA after that last earnings call
Been in since the low 200s pre-split equivalent, added again when everyone said AI capex would normalize. My whole bear case was 'surely hyperscalers pause for a quarter' and then management basically said the line is still out the door. I know valuation is rich and the position is now too big for my stomach, but every time I trim it rips again and I feel like an idiot.
Not asking for price targets. More curious how people think about owning the best business in a crowded trade when it becomes an accidental portfolio dictator.
12 sparks · 12 comments
Comments
Avery Johnson · 6 likes
The business can stay amazing while the stock does nothing for a year. People forget that scenario exists.
Mehdi Benali · 5 likes
If the only reason you are holding full size is taxes, write that down at least. Still a reason, but a different one.
Lucas Silva · 5 likes
Datacenter customers are still in arms race mode. The stock can absolutely get smoked on multiple compression and still be the right business to own.
Mango River · 3 likes
I trimmed for that reason only. Didn't feel smart, felt adult.
Jisoo Park · 0 likes
That's the part I'm wrestling with. Business yes, position size no.
Tiny Noodle · 3 likes
Counterpoint: semis teach humility. The second everyone agrees it's different this time, the inventory chart from hell appears.
Avery Johnson · 2 likes
Portfolio dictator is exactly the phrase. Great company, terrible sleep aid.
Haruto Sato · 2 likes
As a former concentrated winner enjoyer, I can confirm the first real trim hurts more than the first buy.
Tanvir Rahman · 1 likes
People yelled priced in for like six straight quarters lol
Elif Yılmaz · 1 likes
My rule with winners: if I can't explain why I'd buy more today, I rebalance. Doesn't mean bearish, just means math.
Angel Reyes · 1 likes
I use the boring answer: trim by percentage, never by vibes.
Jonas Schneider · 0 likes
I sold covered calls on mine and immediately regretted becoming a yield farmer on the one stock that hates ceilings.