“These Stocks Are Going Down”
Supports Google's equity raise; views the dilution as positive because investors believe in its returns on capital.
We heard this story before, but it was with Google just a week ago. And I'll be going over why I support Google's equity raise and I do not support Meta's equity raise.
One of them from the repeated AI skeptic and AI bear which is Gary Marcus tearing apart Google in a viral tweet saying that Google is building out a commodity which is AI.