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Author:

Jam ok

Subject:

Off Topic

Date:

01/09/18 at 2:52 PM CST

 

 

READ: 4

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Sentiment:

Neutral

Reply to:

MSG`#4595,`01/09/18
By LongTerm CapGains

 

Re: OT: Polyverse

lt cap,

I really haven't done my homework on AI/robotics plays - I had intended to look into other possible ETFs that may have been initiated. But my best guess was that the opening part of January would see a Trump-bump in the market, and after my doing nothing for the first couple of trading days, ROBO was one of the plays I decided to jump into. And indeed, it has not had a negative day - yet. And except for that sea-drilling company, I don't have a problem with the composition of the portfolio. Their expense ratio, at .95, is double the average management fee. But really, the fees on ETFs are of the least concern if you're investing for a while. NVDA appears to be getting very heavily involved in AI, and specifically automobile AI, and I'm really bullish on their long term prospects. ROBO really didn't do much of anything in the first few years since its inception. And then in the last 6-12 months it's basically doubled. So I've decided to put just a moderate amount into it and 'ride the tiger' while it's got momentum. Of course, the eminence gris that looms in the background is when is this bull market going to crash and burn.

I came across this article, referencing Alcatel phone designs. I wasn't aware that Alcatel existed in any differentiated way from NOK at this point. Maybe it's just a name NOK licensed to brand phones with?

zdnet.com/ar...545499

Doesn't matter much, it's not of much importance one way or another, I'd think.

 

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