Topic: How To Invest

What is Pat’s commentary for the week of December 10, 2019

Article Excerpt

Chances are that in the decades (and possibly centuries) ahead, the world will look back on Google as the key pioneer in web search—the explosive technology of finding what you are looking for on the Internet in a quick and easy manner. Our descendants may look back on Google’s role in web search in much the same way that we look back on, say, Henry Ford’s role in the growth of the auto industry. Or, they may look on Google as the first of a series of successful businesses launched/owned by Alphabet Inc. at the start of the 21st century. The second business in the series would undoubtedly be YouTube, which Google acquired in 2006. Subsequent additions to the list may include the company’s so-called “moonshots.” These are start-up projects that might actually turn out to have potential on the scale of, say, Uber, if not Google itself. The list may also include additional takeovers, such as the planned $2.1 billion…

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