Robinhood makes most of its money from "net interest revenue" like margin accounts and (now) credit card balances.
2. $Alphabet(GOOG)$ $Alphabet(GOOGL)$
Google's AI Overview is the most useful AI product I've used.
And it's built right into the default browser I already use for free.
I don't see how startups beat the incumbent. Long GOOG
PS: Valuation determines how your stocks will perform if you're right or wrong.
I try to buy as much upside as possible for a reasonable price.
Ex. Do you want?
A: Company growing 40%/yr trading for 4x sales
B: Company growing 20%/yr trading for 10x sales
Faster growth and lower multiples allow for more positive potential outcomes than companies already priced for perfection.
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