looking to diversify my portfolio (98% MSFT and AMZN). thinking of investing in CRM ($5k) by selling small portion of Amazon and Microsoft. TC: 240K 5YoE #investments
“looking to diversify my portfolio” 😂💀 how about you buy VTI+VXUS then, not just 3 companies?
We are primarily a sales company, the sales team here will sell the hell out of slack
The primary reason to buy CRM shouldn't be Slack.
Didn’t they buy Slack just to add revenue because the organic growth slowed down?
True diversification is to reduce risks in your portfolio while maintaining similar returns. Diversification doesn’t do anything if all stocks in your portfolio move together. Is CRM a good stock? 100%. Does that diversification based on your portfolio? 100% not.
Big buy
Not sure that counts as diversification...
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Why are you not getting the job you want?
I’ve only been getting mixed insights on CRM. Curious to hear other folk’s take on CRM
Same here. Just want to get some opinion from folks in blind to see if it’s a wise decision.
Market leader. High switching costs/sticky product. SaaS. Bastard of a CEO. What's not to like?