Monument #14 - The Price You Pay

Mar 16, 2024

Words of Discernment

I’ve learned that whatever you intend to accomplished in 10 - 20 years, you must start now, if not today, no later than tomorrow!

Nvidia Co-Founder - Jensen Huang in 1993

Tells the story with only $200 in pocket to buy 20% of Nvidia.

The price you pay is often what seems most sensible at that particular moment in time. Consider what must have been going through Jensen Huang mind back in 1993, to willingly committed to the Nvidia company, not fully seeing the true picture of the future but having an idea of what’s to come from humanity ingenuity.

Amazon Secret Advertising Business Empire AMZN 0.00%↑

One shocking statistic I find interesting is that Facebook earns a larger profit from your FREE account compared to Netflix, which only has PAID-ONLY accounts. Take a moment to consider that. Despite having access to all your personal information and creating a comprehensive profile of you, companies can generate higher revenue by advertising to you than a company that directly charges you on a monthly basis.

The Rivalry Continues: 20 Years of Apple vs Microsoft

Since 2009, Apple has been steadily leading the pack, surpassing the $1T, $2T, and even $3T valuation milestones.

However, Microsoft has consistently remained close behind. In the early '10s, Microsoft faced challenges with declining PC sales and profit margins. But now, thanks to the growing interest in artificial intelligence and a decline in iPhone demand coupled with a U.S. ban on the Apple Watch, Microsoft has taken over the top spot.

Under Satya Nadella's guidance, they have diversified their portfolio with successful ventures in gaming, social media, and cloud computing. While Microsoft currently holds the lead position, Apple is still a company worth keeping an eye on as they roll out AI initiatives and launch their Vision Pro headset this year.

Apple's highly anticipated self-driving car venture, dubbed Project Titan, has officially been discontinued.

I imaged it would look something like this! AAPL 0.00%↑