The Bureau of Historic Losses · Counterfactual Division
What if you'd bought Nvidia in 2019?
Pre-ChatGPT, pre-everything. The last time Nvidia looked like an ordinary, sensibly-priced company.
$100 on 2019-01-02, worth today
US$6,083
As of 2026-06-12, $100 of Nvidia bought at 2019's open (US$3.37) is worth US$6,083 — 60.8×.
total return · dividends reinvested · USD
How much would $100 of Nvidia bought in 2019 be worth today?
| You'd have put in | You'd have now | Multiple |
|---|---|---|
| US$100 | US$6,083 | 60.8× |
| US$1,000 | US$60,831 | 60.8× |
| US$10,000 | US$608,313 | 60.8× |
Lump sum on the year's first trading day, total return (dividends reinvested, splits adjusted), valued at the latest close. Past performance isn't a promise — it's a taunt.
What did Nvidia do in 2019?
Opened
US$3.37
2019-01-02
Peaked
US$5.95
2019-12-20
Bottomed
US$3.17
2019-01-03
Closed
US$5.85
2019-12-31
Levels are dividend-adjusted, so historical figures look lower than the headline price of the day — that's the total-return lens, and it's the honest one.
Would steady buying have beaten going all in?
US$38,900 deployed as $100 a week from 2019-01-02, under four temperaments — same money, different nerves.
| All in on day one | US$2.4M |
| Steady weekly buys | US$549,831 |
| Sold dips, rebought rallies | US$174,969 |
| Traded it perfectly | US$1.6M |
“Traded it perfectly” requires knowing the future. Nobody knew the future.
The same $1,000, elsewhere
$1,000 at 2019's open, each valued at the latest close. Hindsight remains undefeated.
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