Comments: Strategy, AI, META, Sven is a BAD Investor (my investing history/performance)

Good day fellow investors. Let's discuss a little bit of your comments here. There was a great comment. What are the best investing strategies based on the investing strategies of other market participants? For example, I am convinced I am convinced that I know nothing. I have to invest in a way that whatever happens I do well. I have no conviction which is a problem on YouTube. But keep in mind that everyone knows that it's better to buy a great company at a fair price than a fair company at a great price. It's no longer true. The market has internalized that quote things like that. Similarly, now that everyone knows that it's a bad idea to catch a fallen knife, my main source of outperformance has been by catching the right falling knives. It's impossible to dollar cost average because everyone knows. My simple answer is you don't base your investment decisions on what others are doing because others can change their mind. Bitcoin at 120, now it's at 60. Gold at 54, now it's what? 4 something. Market up and down passive. You can do that. But why change and why chase other strategies? If you chase those strategies of what others are doing, it means that you have no strategy. That your strategy is not working. No. Why don't we just look at owning a business? If you own 100% of the business, do you care what other market participants are doing? No. So that's the simple strategy. Am I rewarded if I invest in that and the market is closed for 10 years? Simple owners earnings, business compounding, owning businesses. If you are in the game of what somebody else thinks that you think that they think and things like that you have already lost. You might have some fun but you are not investing. Keep that in mind. Then insatiable demand on AI that's the discussion. And then Meta outsources or gives away its AI capacity to unprofitable companies that are giving it to you for free. Of course, of course AI demand is insable. It is subsidized by now Meta by venture capital by the by this by that. It is free. If I take, I don't know, an iPhone, I pay a thousand bucks for it, and I sell it to you for 300, would I have an insatiable demand? Of course. But the question is, how will that look longterm? And this was a great question when we discussed Meta. What if the worst case scenario is a negative? That is very plausible for these companies because you never know. These companies were not existing 15 20 years ago and now they are growing and the priced in growth is expected to be the next 101 15 years. That's something that we have to analyze, keep in mind. I always keep in mind but I don't discuss it on YouTube because then it would be too much for most of the YouTube population. But yes, a minus 50% in revenue or new technological changes or something like that or profits because the company needs to spend all the money on AI just to keep up with the competition. That's something that one can discuss. Maybe not revenue, but profitability for sure. Great comment here. You see here, this was at 5% of where it is now 10 years ago. some other company might be now at 1% of where it will be 10 years from now. And this is perhaps best seen with what were the 10 largest companies in 85. Dupont Chemical, Kodak, another technology situation. Shell Oil, AT&T, General Motors, General Electric, Exon, and IBM. Where are these companies now gone? Over 30 years gone from the picture. 2005 over the next 20 years only one of the top 10 is still there only one 10 years who is still there Microsoft is there Apple is still there now that's it so in 10 years the whole technological situation has shifted but now people are paying crazy prices for these assuming history will never shift shift again. The exuberance is crazy. My best case scenarios in estimations is below the normal scenario for Wall Street. Yes, Wall Street is there for the fees to promise houses on Mars or things like that. Think about it. Now, good question here. What's my target price buy price? I never do that because if I say uh Facebook is a buy for me at 300, then the market crashes. Facebook is at 300 and then everyone will attack me, Sven, this is a buy. You said it's a buy. I have to first compare it to other 50 opportunities. What's going on? Adjust for the fundamentals. So I can watch the business, put it on my quadrant, but never have buy targets or buy prices because that removes the flexibility. So that's not me. And then always the great comments I made people sell Facebook at 200 right before it rallied at 700. Why not mention that I also made then buy Facebook at 99 invest double your money like that and then if you bought my platform you would likely have made another 20% on that per year. That was three four years ago which means you would have doubled your or tripled your 200 and we are still at 600. Where is Facebook now? 589. Forget the numbers. You have a superior AI infrastructure of their super intelligence division. Yes. Yes, it might be. Good luck. Have fun. And then this is very important. Berkshire is buying Alphabet. That's just a liquidity situation. They are full with money. There is not even so much supply of treasuries as much money they have. They look at Google. Okay, the passive bid is pushing the stock up. So they know that on a dime they can change get the liquidity out of the market on companies like Google and they are okay. So it's better at some points in time than treasuries. So yes, Birkshshire is buying Google and things like that. I would be doing that too if I had $400 billion in cash sitting on my account. Right? Keep in mind, Bcher is in a different ball game than we are. This was a great comment here. How I'm an idiot. I'm a cigar butt investor. I'm this and 10 likes. I don't know what fun people get, but they'll get their share of uh audio real time here. I'm not here to buy everything. I'm not here to be a genius. I'm not here to be smart on every move. I'm here to discuss. most of you and I'm very thankful for that. Get a lot of value from that. Great comments, great support and I'll keep doing me. But these comments here means I'm doing well. When these comments disappear, then it will be the time to get scared for now. As long as these comments are there, I'm happy. And the key factor is I need to do well for myself. I need to invest that I expand my wealth that it improves my quality of life. I've been doing that for 25 years based on my value investing strategy. You don't have the context of it all. And if you're not a member of my platform and you are not investing with me, you don't understand it. So I have to live with those comments online. But I started investing in May 2002. The S&P 500 did 11x since then in 26 years. I did 5x from 2002 to 2006. Lost 20% to 2009. Did another 4x to 2015 1.5x to 2018. From 2018, 15 16% per year performance. That's a 3x. All in all, the S&P 500 since I started did 11x. I did a 72x on my money. That's 18% 18.6% on average. You can call me whatever. Investing did change my life. I bought a boat in 2006, 23 years old, PhD in 2010, finished in 2014. I financed it myself. I had the money to move to England, to work for Bon Bloomberg, to learn English, to go to Amsterdam, to buy a house there, make 1.5, on the house, just that. So investing really warped my life. This is my truth. These are my facts. I know what it works. I know what worked for the last 25 years. I'm pretty sure it will work for the next 25 years. You can think whatever. I appreciate the comments. It helps the algorithm, helps the reach, helps everything. Thank you. And this was another great comment to end. AMD was a trap last year. Now it's better than Nvidia and things like that. It's very interesting to see how those narratives shift. Micronet 70 commodity thing. Now it's the most loved stock and then it will be again hated. And that's simply how people work. The market is irrational manic depressive exuberant, crazy, panicking. That's what we have to take advantage of. Check my research platform to see how I'm now taking advantage of.