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Monday, 26 October 2015 00:00

The Google "Less Than Free" Thesis is Still Making My Clients Money Featured

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Google killed 'em with their latest quarterly earnings.

"A third-quarter report released Thursday indicated that Google is making significant strides in the increasingly important mobile market, with its earnings surging 45 percent to nearly $4 billion, or $5.73 per share. Google stock was up 8.6 per cent last week on the news."

Since recommending Google it has clearly outperformed. 

GOOG vs AAPL vs SP 500

This is how one would express a Veritaseum Smart Contract going long GOOG, short the USD - levered 5x. See the Veritaseum web site for more detail.Veritaseum Snart Contract going long GOOG short USD levered 5x

I want all to remember that very few people get Google's business model, nor understand just how capable and pervasive this company actually is. I will post a couple of educational video reminders. The first was the little spat that I had on CNBC last year when other professional investors disagreed with my analysis of Google (you have to skip past my little 20 second commercial).

Read 2061 times Last modified on Monday, 26 October 2015 13:08

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