Jensen Huang says that investing in the IPOs of SpaceX, Anthropic, and OpenAI will be like buying $AMZN, $GOOGL, or $META in their early stages.
Don't become a victim of FOMO.
IPO day is not where the best opportunities are made.
In many cases, there's a massive spike followed by a sharp decline that takes the stock below its IPO price.
Just look at $META.
After its 2012 IPO, the stock lost more than 50% of its value within three months.
The best opportunities come when the hype is gone, sentiment turns negative, and nobody wants to touch the stock.
That's when I'll be buying heavy.