GOOG. I guess that's the major concern - Google search will diminish quite a bit, maybe even go away.
As one thing declines, maybe another rises: Dec '24:
- YouTube Shorts surpasses 50 billion daily views.
As I said before, I like owning the companies whose products and services I use. I've a few subscription services that wife and I have for info and entertainment. I also use youtube and really like it for info, education, instructional videos, entertainment. So many fascinating things: - currently I'm watching cop chases, car repros, stock maven interviews (Pabrai, et. al.), commodity mavin interviews (uranium/coal) music videos, exercise videos. I like that the ads are short -- sometimes 4 seconds, 10 seconds, sometimes 50 seconds. I just don't see how people wont find something they like or be captivated by on youtube.
Also as I said, the predictive quality of my simple GOOG model has no confidence bands around it. I only post for fun, maybe discussion point. And that I'm surprised by it, in that it's helped keep me in the stock for many years. And that it alerted me I should have kept adding all along the road - which I unfortunately didn't do. |
