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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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