Subject: Re: OT: big companies
Similarly, you couldn't have known what Microsoft's AI strategy was 10 years ago. You knew that Office 365 was doing well, and Azure was getting started.

Well I did pretty well when I bought MSFT (and Leaps) at ~10 earnings after the GFC. At that point no heroic assumptions about the future were necessary to conclude that MSFT was a good investment. Today I don't know, perhaps they'll win big with AI or perhaps not. I certainly wouldn't base my investment decision on some rosy projections.