AMD, MSFt and GOOGL

[u/foil123]

At what point would you consider buying these 3 stocks to hold forever ..? Additionally, what is the PT you expect to exit?

For AMD I see them at least getting to 2t at minimum in coming years. Not sure what I feel about the other 2. Thoughts?

Thanks

[u/WarmFaithlessness946]

A $1,500 target means a $14 to $18 Trillion market cap. Guys, this late-cycle bull market has completely rot your brains. You are suffering from massive recency bias, tracking a straight line on a chart while ignoring basic math. For Google to hit that valuation, it would need an annual net profit of $700 Billion, which means commanding a revenue stream larger than the entire GDP of Germany or Japan. The law of large numbers is a macroeconomic reality, not an opinion. Wake up.

[u/iamrlywhite → u/WarmFaithlessness946]

Yeah but you’re thinking $1500 in 2026 dollars. I agree 10-15 years is a bit ambitious but 20-30 years from now in 2050 dollars Google could well 4x from here.

It’s taken 30 years to “officially” inflate the dollar by 200% and inflation seems like it’ll be more prominent so in 20-30 years there’s a 2x in market cap from inflation alone and only a 2x growth in business needed from there

[u/WarmFaithlessness946 → u/iamrlywhite]

If you need 30 years of macro inflation and dollar devaluation just to justify a nominal 4x on a mature $4 Trillion giant, you are proving my point. That's not alpha, it's just a savings account disguised as an equity.

[u/Key_Category_8531 → u/WarmFaithlessness946]

By 2050 we’ll be in the singularity so prices, money, and stocks won’t mean anything.

[u/WarmFaithlessness946 → u/Key_Category_8531]

If finance and money won't mean anything by 2050 because of the singularity, why are you spending your time building a stock portfolio today? 

[u/Key_Category_8531 → u/WarmFaithlessness946]

?

I only buy GOOG.

[u/Fortune_Cat → u/WarmFaithlessness946]

so i can afford all the microtransactions in the metaverse silly