I hate to lose anything. If anything; and I mean, anything is missing, I have been known to comb, sweep, and turn the house over looking for it. After, much travail and unable to find it, I’ll turn to ask Holy Spirit for help. 🤦🏾‍♀️ Does that sound familiar to anyone? Why didn’t I ask Him first? Because I thought that I could find it and will find it fast! That’s a post for another day though.

what would you do if you lost

But, what would you do if you lost

a $100 in a day, or
a $1,000, or
$10,000, $100,000?
How about if you lost

a $1,000,000 in one day?
or, God forbid,
a billion dollars

Now multiply that billion by 2, maybe, 4, or 8?

I don’t know what I’d do

Some might go into bankruptcy, shock, or maybe suffer a stroke or heart attack (God forbid). I don’t know which category I’d fall into since I’m yet to have those millions, let alone lose it. 😀 Again, God forbid. We love to gain; not lose, right?

Remember Nvidia?

But, I couldn’t pass this up without sharing …

Nvidia. Remember or know Nvidia? The tech GPU designing and manufacturing company which recently had a 10:1 stock split? Yay? That Nvidia.

Okay. Nvidia has been in the news for several reasons. As a matter of fact, Nvidia is always in the news. The latest news, one among several, is that Nvidia CEO lost $9.8 billion in one day because the stock price plunged 9.5%! Barely three months prior, the main made similar gains when the stock price rose. And in a day, it was wiped out! The downside of investing in stocks!!

With that news, I began calculating how many stocks the CEO has. Research shows that he owns 3.4% of Nvidia. To put that in numbers, we need to know the total number of stocks that the company has. As of September 2024, Nvidia has a total of 24 trillion outstanding shares. Do the math.

This news caught my attention such that I began wondering (actually, praying) for the CEO.

Again, what would you do if you were that person who lost $9+ billion in a day?

That’s a ton of money to lose
It’s more than some countries GDP (Gross Domestic Product).

Oh well, let me stop before my imagination runs amok or I paralyze the analysis.

Investing is a two-edged sword

The greater the risk, the greater the reward (the greater the reward, the greater the risk) is a finance truism.

But, I hope you get it and agree that losing money can, and does, happen in stock investing (or any investment). The key is to be in it for the long term. I know Nvidia’s CEO will recoup the losses. He now has a bigger stake to ensure that the company’s stock bounces back better, right? 😬