Looking for 10-15 year outlook. What do you think? FAANG is probably not a good option. Google is going downhill and is becoming the new IBM so probably not. Facebook is going to die like myspace AMZN is ok, but they will get busted by the regulators probably AAPL is failing to innovate. Netflix can't launch more than 1 product. And no, I don't want to buy your shitty vanguard index funds.
Google is still a very solid buy. I plan to double my google of it goes back to 1150. Google easily at $2000 in one year
You seem to be very cynical on tech. :) Consider investing in companies that build hardware for AI. AI domain is still ripe and has a long way to go. So my hunch is that AI infrastructure would be in great demand going forward. AI hardware could encompass anything from computational power (GPU/FPGA) to memories.
no. complete opposite, i am quite optimistic about tech (which is why i'm looking for tech companies to buy). I am pessimistic about faang, because once you get soo big it's hard to grow. I mean Google for example has offices in pretty much every country, what is next for them? The moon.
The big companies are basically monopolies at this point that can crush anyone who comes up with innovative and new products. It’s happened everywhere. Example - Yelp came out and people liked it so google copied it and made google reviews show up before yelp reviews on search. Yelp is now laying people off and dying. There’s countless examples the same as above. The argument against faang is regulation will cut their ability to destroy all competition in the future.
You’re wrong on AMZN, FB, GOOG, NFLX. They’ll still make great gains in the next decade. Otherwise, FSLY and NET are undervalued compared to their decade-long potential. SPOT is NFLX but for audio content and is just 3 years behind NFLX trajectory. WORK, RDFN, UBER, PINS will all be great contenders over the next decade.
>You’re wrong on AMZN, FB, GOOG, NFLX They’ll still make great gains in the next decade. That's why you've kept all your RSUs since you've started working at amzn and never sold, right?
Obviously, if I did, it would make AMZN 35% of my portfolio which is poorly diversified. It’s still a top 3 holding but is down to 5% so I can diversify across Goog, Fb, and others.
Are you trolling about FANG? Your reasoning about google is that “it’s going downhill and becoming the new IBM” like what? And amazon will “probably” get busted by regulators. Jeez let me have what you’re having.
Streaming has just become popular in the last 6-8 years, if you’re thinking that Netflix will be obsolete in ten, you’re wrong. Apple stopped innovating? Even if they did, people will still buy Apple products in the next 10-15 years. I’m sure I will. Common people always want the new iPhone or MacBook out there because visually they’re great. The only one I’m worried about is FB. But the fact you meant all of FANG is ridiculous. The only companies that have enough money and manpower for the next 10-15 years to innovate is literally FANG. God the investing info that I get here triggers me. You’re so stuck on the too big to grow fallacy that it’s actually funny. You might as well go by snap or something. They got “room” to grow right?
As Warren Buffet says, if you are mad when someone insults your investment positions, you are not investing, you are gambling. They hype over faang stocks is the same hype you had over bitcoin a year or so ago.
Buy airline stocks
i'd agree with you, if you want to hold for 3-6 months and then cash out (and i spend about 10% of my portfolio gambling like that), but for the other 90% looking for something long term
Yeah it’s for short term
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Lol ok buddy