Every month I put aside some money into a portfolio aimed at long-term bets over the next 20 years. I will be gifting this portfolio to my future kids someday- in the hopes of using it as an educational tool alongside the memos I write to teach them about the world and to have a shared activity to work on together as they grow up.

Here is the performance so far from the first four months:

‌‌Month #1, July 2020: $ARKK +51%

Month #2 August 2020: $ARKG +62%

Month #3 Sept. 2020: $BTC.X +88%

Month #4 October, 2020: $BTC.X +21%

Right now the portfolio is all about making bets on what the far off future will look like. Since the time horizon is possibly 20 years plus, my strategy thus far has been betting on innovation.

This month I'm going to pick an individual company for the first time. There's more risk with picking one single company, because pretty much anyone can go out of business over the next 20 years. But I am making a bet that Artificial Intelligence is going to be a huge part of the business landscape in the future.

That's why today I'm adding Nvidia to the portfolio today.

I've written a couple of memos over the past month about Nvidia. You can see them here and here, but the summary is:

If you were setting up a portfolio for your future kid, what companies would you feel most confident will be around and thriving in 20 years?