I bought 32 MSFT around 10:30am, which I plan to hold for a long time. It’s already gone up 1%, not that it won’t go down again. It will be fun to watch.
I hope this kind of post is okay. I’m just excited.
(Up until today its all been in managed accounts. This was an impulse buy driven by my personal interest (AI), so I hope this wasn’t too irrational of a purchase. Technically I had some MSFT in my managed account, but this was the first time I bought on my own, separately. I’m usually too much of a chicken to buy stocks. This is less than 1% of my total.)
UPDATE: Since I’m getting some salty and sarcastic comments, I’ll explain my thinking, although it’ll likely attract more saltiness:
I’m gambling Microsoft will become the leader in AI given what’s happened in the last 24 hours. OpenAI’s loss of staff (up to 70%!) and leadership will cause it to go into permanent stagnation and lose its lead (unless they pull off some miracle this week).
MSFT is perfectly positioned to take over OpenAI’s near monopoly on consumer AI in less than a year. They already know how to operate OpenAI’s hardware infrastructure and have poached many of OpenAI’s employees and leadership.
AI is the “next big thing”, as big as the PC, the Internet, or the iPhone, and AGI, in whenever year it comes, will be even bigger. AI hasn’t fully saturated all domains, yet, so the full impact hasn’t been felt by most people or industries… yet.
People are commenting, “but it’s at ATH”, which is true. AAPL was at an all time high in late 2006 (if I have the timing right), and then the iPhone happened.
And all that said, this is 1% of my portfolio. Calm down. This was for fun. I was hoping this would be a friendly community.