Joseph Carlson

in my other portfolio, the Story Fund, we hold Amazon, which is another one spending hundreds of billions of dollars in AI capex... I remain optimistic that I think that they are going to have superior returns with their distribution with their infrastructure.

— Joseph Carlson

Yet this company has extracted massive pricing power and margins are increasing. In the past trailing 12 months

— Joseph Carlson

I believe in the case of Google, this delusion is a good thing... When we look at the Ford PE of Google, it's currently sitting right around 30... For example, they need to dilute around 1.8%... Google has somewhat proven that they're going

— Joseph Carlson, at 19:26

I believe both Mastercard and Meta are strong buys.

— Joseph Carlson

at least until next earnings report, and we'll see what happens with this one. But as of now, I remain bullish.

— Joseph Carlson

I view Meta as a unique opportunity of an incredibly wide moat company that exists today trading at a very low valuation. So when this company goes down, I'm buying more. And I believe that even though it's in the red today, none of my buys have been a mistake. I believe every si

— Joseph Carlson

Adobe will undoubtedly post great numbers, but they need to show some way that AI is not disrupting the business. They need to create a stronger defense for that. Right now, Adobee's looked at as a company that has temporary pricing power and a high probability of being disrupted

— Joseph Carlson

Oracle needs to not only post great headline numbers, which I'm sure they will, but they need to have those great headline numbers in addition to guidance... Oracle needs to raise guidance. If they say that they're just reiterating guidance or they're just holding things steady,

— Joseph Carlson, at 3:08

I hold both of these companies, Meta and Google. And I believe in the case of Google, this delusion is a good thing. But I do not like it for Meta... Meta is at a way, way lower valuation, which means that when you dilute shareholders, you're doing it at a much more substantial c