Ross Gerber shifts investments to Nvidia, JPMorgan, Meta

Ross Gerber, a longtime Tesla investor, is shifting his focus to Nvidia, JPMorgan, and Meta Platforms amid a market downturn. He believes these stocks offer better value, especially Nvidia, which he sees as undervalued despite recent sell-offs. Gerber sold most of his bitcoin holdings, citing its volatility, and used some of the proceeds to invest in gold. He views gold as a safer asset during uncertain times, especially with rising geopolitical tensions. Gold recently reached a record high of $3,000 an ounce and has increased by 13% this year. Gerber's strategy reflects a significant change in his investment approach as he seeks stability in the current market environment.