Subject: Re: Valuation
Material IMO.

Oh, absolutely. But material only in an absolute sense.

My point wasn't to belittle them, merely that you don't really have to deal with those holdings separately when doing a valuation estimate of a GOOGL share. Most metrics you're likely to use will have error bars that swamp the value of those holdings, big as they are.

If you can peg the value of a share within 10% you're a more skilled practitioner than I. Note my hugely insightful comment further up thread that "13.6 is bigger than 6". And even then I couldn't make up my mind whether to sell out or not : )

Jim