Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Alphabet (NASDAQ: GOOGL)

Good StocksMarket Commentary

Is Alphabet (GOOG) Recession Proof?

I consider Alphabet (NASDAQ: GOOGL) recession resistant because itcan generate enormous amounts of cash.
For example, Alphabet had $133.97 billion in cash and short-term investments on 31 March 2022. The cash and short-term investments fell from $139.649 billion on 31 December 2021 and $135.104 billion on 31 March 2021.

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Long IdeasStocks

Stocks to Buy for the Coronavirus Depression

Hence, I think there will be no herd immunity to COVID-19 until the end of 2021 at the earliest. Herd immunity is the point at which a large portion of the population is immune to coronavirus.

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Historical Insanity

2020 is the First YouTube Presidential Election

Hence, the video that destroys Trump or Sanders could already be on YouTube now, and nobody notices it.

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An Alternative to the FAANG

Thus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.

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Long IdeasUncategorized

Are Alphabet and YouTube making money?

Under these circumstances, Alphabet has more in common with Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) than a traditional tech company. Like Berkshire Hathaway (NYSE: BRK.B) Alphabet owns many subsidiaries, decentralizes management, and makes a lot of money.

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Market Insanity

Google’s revenues are declining, should investors worry

I believe consumer brands are moving ads to Amazon because the Everything Store is where Americans do their shopping.
In particular, many consumers look on Amazon first. In fact, 49% of product searches begin on Amazon, CNBC estimates.

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Can Ripple (XRP) Make Money??

Given these points, speculators should watch closely to see how central banks react to Ripple. Ultimately, Ripple’s fate is in the central banks’ hands. If central banks accept it; Ripple can become the most valuable cryptocurrency around.

Consequently, a central bank could increase Ripple’s value by using it. Conversely, a central bank could destroy Ripple (XRP) by banning or suppressing it.

Ripple is interested in remittances because they are big business. The World Bank calculates that people sent $613 worth of remittances in 2017. Significantly, the volume of remittances grew from $573 billion in 2016 to $613 billion in 2017.

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Google Tez Becomes Google Pay

The Tez rebranding is likely to convince Walmart not to accept NFC payments. Instead, Walmart will demand that Alphabet and Apple adopt QR Code.

Google Pay is likely to roll out QR Code in the United States. That will force Apple (NASDAQ: AAPL) to add QR code to Apple Pay. A natural consequence of Google Pay QR Code is PayPal adopting QR Code. The addition of QR Code to Venmo is inevitable too.

The tech giants will have to go along because Walmart is on track to generate $500.34 billion (half a trillion dollars) in revenues in 2018, Statista forecast. Access to that revenue is probably what convinced Alphabet to add QR Code to Google Pay.

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The Death Spiral

Will Best Buy Die?

By acquiring Great Call, Best Buy is competing directly with Apple, Amazon, and indirectly with Alphabet. I cannot see how Best Buy can win that battle.
I see two big problems with Great Call that can make it a drain on Best Buy’s bottom line.
Great Call is a direct marketing company. It sells specific products directly through various channels. Best Buy is a general-purpose retailer that sells a wide variety of products and services through brick and mortar stores. I do not see the synergy there.

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