@abhishekn let's not forget that spot has wasted a ton of money on podcast ecosystem. like others they are spray and pray mode and then just retrospectively attribute success to those bets that worked better. Apple has failed in many ways (e.g
Siri) so I would not put much weight there too
I’m prepared to be proven wrong, but deep down in my gut I feel like $BR at $150, $INTU at $310, and $MA at $470 will prove to be exceptional entry/add points.
Cathie Wood did it again.
She bought $32.8M of $CBRS at $310, one day after the IPO closed at $311.
The stock now trades at $207. Down 33% in 3 weeks.
ARKK is still one of the worst performing funds in the entire market.
@davideborall your point in AI is valid and good. I don't think also we as a society are ready for ramifications 0f AI (or our politicians have tools to respond to it in the near future )
@davideborall public good has a different definition in economics. utility like power water etc. is not a public good as far as that definition goes. natural monopoly because power distribution requires high upfront capex that it is inefficient for another competitor to replicate a commodity