I’d agree that timing and conviction often matter more than simply holding for a long horizon. Nvidia, Tesla, and Palantir all had clear inflection points where their narrative shifted from “niche” to “mainstream,” and the outsized returns went to investors who recognised those moments early.

As for emerging names with moat-based innovation potential, I’d keep an eye on companies in AI infrastructure (e.g., semiconductor design beyond GPUs), synthetic biology, and energy storage. The common thread is that these sectors have steep barriers to entry, compounding advantages from scale or data, and long runways for growth.

Holding for 15 years only works if the company keeps compounding. But recognising the “iPhone moment”—where technology meets mass adoption—is what really separates exponential returns from just market-matching gains.