A couple folks asked me fun questions related to stocks and Warren Buffett recently…
Last month, a very smart person asked me this.
How do you pick stocks?
The short answer is:
The longer answer is:
I mostly don’t. It’s complicated.
I realize that I’m not making much sense. I’ll try to explain.
Individual stocks mostly scare me and I’m now a big fan of indexing. However, I still buy stocks in small amounts every once in a while to amuse myself. I do this infrequently and with small amounts of money.
The last time I did this was May of 2016 when I spent $20,000 to buy a small portfolio that I created on Motif. So far, and it’s worked out well:
However, it’s also completely silly to talk about this portfolio since it’s less than two years old, so I’m not going to say another word about it.
While my stock purchases are infrequent, I still like to think about them. Here is how I go about it.
The age of humans operating cars is coming to a close. There will be a time before 2040 when it will be against the law for humans to drive in some places because autonomous cars will be so much safer.
The next question is:
What problem needs to be solved to perfect autonomous driving?
This is complicated, but on the surface, it’s a software problem. All of the hardware needed to support autonomous driving