
I’m certain! If only one investment company could survive in the world, it would be Berkshire Hathaway under Warren Buffett. Isn’t there a big question mark in your mind? Buffett’s Berkshire team consists of the world’s top investment experts—they clearly see NVIDIA’s potential for massive growth, yet they never buy it at undervalued moments, just as they refused to invest in Bitcoin back then. Why do they act this way? I’ve finally found the answer—see if it makes sense to you. Warren Buffett is 98 years old this year. He’s seen more than we’ve eaten rice. He’s witnessed too many tech giants toppled by new technologies: Nokia, Motorola, HP, Yahoo, BlackBerry, Kodak, Intel, IBM, Cisco—all once industry leaders. NVIDIA simply doesn’t meet any of Berkshire’s investment criteria. Their investment philosophy demands companies that: don’t require constant cash burn, won’t be disrupted by technological change, maintain stable monopolies over 20 years, and have customers with no strong incentive to defect. Their major holdings—Coca-Cola, Apple, American Express, and Bank of America—all fit this mold. NVIDIA fits none of them. What they seek is stability, simplicity, low cash burn, no competition stealing their business, and long-term certainty of profit. But NVIDIA operates in a cyclical business with massive, ongoing R&D spending. Its biggest clients—Google, Microsoft, Amazon, Meta, and OpenAI—are all heavily investing in developing their own AI chips, turning customers into competitors and making NVIDIA’s long-term outlook highly uncertain. This, I believe, is the fundamental reason why Berkshire Hathaway, despite knowing NVIDIA can generate profits, chooses not to invest in it.
