It's been said that history doesn't repeat, but it often rhymes. There has been excitement around several major innovations throughout history, such as the dot-com bubble in 2000, when the internet's earliest days caused an unquenchable thirst for tech stocks.

(NASDAQ: MSFT), one of the market's darlings at the time, swelled to more than 70 times its earnings, a valuation that suppressed investment returns for years after the bubble burst. Had you bought shares at that time, it would have taken more than 15 years to get back to even.

The tale reminds me of what's happening to Nvidia (NASDAQ: NVDA) today. While I don't think Nvidia will put investors underwater for 15 years, the stock has become a potential trap for investors looking to chase the hype. Here is what you need to know.

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Source Fool.com