AI Market Share

[Tom-K]

My advice on AI stocks (and who the hell am I?) leave it alone for 4-5 years and then buy the winners culled out from the herd. They will grow. I think.

[jon-nyc]

I would invite people to take another look at that graphic. The jokes don’t stop. Like the tag line - Souveraineté, Conformité, Hésitation.

[Horace]

@Tom-K said:

My advice on AI stocks (and who the hell am I?) leave it alone for 4-5 years and then buy the winners culled out from the herd. They will grow. I think.

Presuming that would have been your advice for the past couple years, it is demonstrably bad. Though past results are no guarantee of future results and all that.

[jon-nyc]

You’d be getting a lot of AI exposure by just owning the S&P. Mag7 (admittedly more than just AI) made up about a third of its market cap.

[Horace]

More exposure still with QQQ and more exposure still with individual stock picks.

[jon-nyc]

Yeah, Qs are like half mag7

[Horace]

Contrary to what Buffet would have us believe, an obvious and even banal tech-heavy portfolio has resoundingly beat the market for a very long time now.

And the best investment of Buffet's career was his investment in the biggest tech name of the day, AAPL. Which he sold too soon, leaving about 75 billion of profits on the table, relative to today's price. He still has a quarter of his original investment though.

[jon-nyc]

[Horace]

Tons of doubles, triples, and more in mainstream tech names over the past couple years. Even google has doubled over the past year. Granted, that starting point was after the tariff crash. Micron, which I've mentioned here, has 10x since the tariff crash.

[taiwan_girl]

Rigetti and D-Wave up 15x over the past 2.5 years. Unfortunately, I only bought like USD$100 of each. LOL.