No. of Recommendations: 10
Very excited about today's news on the investments in Google and the homebuilder.
Not me. I know nothing about homebuilding, but I know enough about AI to know there's virtually zero certainty as to who will end up profiting from it. If anyone. I don't think Google has any certainty about it either; they're spending massive amounts just out of fear they'll be left behind, which has a decent chance of happening anyway. Yes, there are some other, moat-ish aspects to GOOG, such as its positions in the ad market, youtube, and the android ecosystem. But these were all there a few years ago at 1/4 the price, when the Best Investor Ever continued to pass on the stock.
I see the GOOG investments as a huge red flag regarding Abel. He seems to be overconfident, and at one of the worst times in stock market history to be so. I want those tbills back.
