I have about ~35% exposure in Tech. NVID - 3% AAPL - 7% AMAZ - 7% GOOG - 18%
I have been holding some GOOG shares since it was at ~840 and yesterday I added 6 more. And once I get more money, I am actually thinking of increasing my position even more.
I am not good at evaluating companies but when I look around GOOG is slowly taking over and there is still so much potential growth.
1). Data - Google has so much data. It is INSANE. They know about billions of humans and their behavior, business, streets, pictures (with google photos) It is absolutely nuts. which brings me to my next two point (AI and Cars)
2). AI - we know that AI is going to be a huge part of our everyday life going forward. And with the amount of data GOOGLE has, they are on the TOP spot to leverage and make their AI the best. This isn't even an opinion right? FB, Microsoft, and Amazon doesn't even have fraction of data that Google has. And AI is all about machine learning, and the more data you feed, smarter it gets.
3). Automobile- This is uncharted territory, no one has been able to penetrate and challenge the big car giants like GM, Toyota, Audi etc. Once Elon Musk was asked a question, who does he see as his competitor and his answer was Apple. I don't know if he was being ignorant or genuinely don't see Google as a major competitor.
Google's approach to automobile is same as their approach to Android. They do what they do the best (create software and services) and let the hardware people make the hardware. Seems like they are on the same path with cars, they are creating the best selfdriving system and infrastructure and just going to sell this to other car manufactures, who already know how to build cars. And just like Pixel line up, we might see cars made by Google at some point. But the thing is, how can anyone not see Google as a serious competitor is beyond my understanding.
I still haven't talked about their new silicon initiative and IoT stuff. Its safe to say, it all looks very promising to me
What do you guys think about Google in general? Positive, negative or neutral?
Submitted May 11, 2018 at 11:59AM by daynightcase https://ift.tt/2KfN98t
