Big Tech

“We certainly are nowhere near the trough. But these don't, this doesn't feel to me like the stuff that bubbles are made of, right? I can make an argument that you could, these things could all be down 10% in the next three months, and none of them would be scr…”

“One, it is almost certainly the case that this, the primary reason that these funky transactions are happening are, let's just call them non-standard is precisely to avoid federal Regulatory scrutiny.”

“And I think what we can put to bed based upon the conversations we've had, what people are hearing out there, the conversations at CES, there are going to, these investments are going to show up in 20, 25, right?”

“I look at that and I say, does, is that a bubble? Right? Does this feel like a bubble? I say, no. It's not as good a deal as you got at the start of 23. And it's not as good a deal as you got to start at 24, but if we achieve the growth expectations we expect …”

“If you're not, if you, if you're not confident, you're going to win on offense, you want to play defense. And so for any large tech company, commoditizing a potential threat Is, is actually quite valuable.”