US Tech Stocks
Summaries of 2 videos on US Tech Stocks, each with a one-line takeaway, key ideas and sectioned notes.
Investing in the Magnificent 7: Value Creation, Value Distribution and Expectation Gaps
When investing in the US tech Magnificent 7 (M7), look at value creation and value distribution rather than fretting over whether valuations are high or low, because market leadership is not permanent; unless you have an insight that differs from the market, just buy an ETF such as QQQ.
AI Investing: The Killer-App Myth, Breaking Down Stock Prices, and the SaaS Pricing Dilemma
AI investors need not hunt for a killer app; instead they should watch whether technology costs fall and vertical applications emerge, and check whether long-term profits and AI pricing models actually turn into revenue, because killer apps are a product of probability and only visible in hindsight.