Comment by cromka
20 hours ago
What are you people arguing about here? This is exactly what is argued here, i.e. that Alphabet is like an investment fund? They had a hunch and it paid off, didn't they? I.e. you're making the point for the argument made?
That 2015 Alphabet was the tail end of the Google X era where the founders were making crazy conviction bets that weee only thinly related to their core area, very different from current Alphabet that really only does make considered strategic investments.