I mentioned that I pick stocks to short based
on valuation, not ratios (I ask you to find the correct free cash
flow — I
bet most people don't kow they're working with negative net working
capital, either).
On the Alphabetization of Google from a venture capitalist: «The way I see it, Google is the cash cow that finances all the big
bets Larry and Sergey are making inside Alphabet... For $ 445bn, you get $ 70bn of cash, Google, which does $ 70bn of revenue and produces $ 20bn of operating cash
flow (probably more now that is it not going to burdened by all of these other investments), and all of these big
bets, including Google Ventures and Google
Capital, which are about the biggest investors in the VC sector right now.»