One of the underrated Buffett-isms is the "too hard pile." I started resting easier when I put the likes of $ADBE in the too hard pile. Someone might make a great return on those names, but they're just too likely to be value traps for me.
Yeah this is well said and exactly what I was getting at with my last sentence. Building/deploying is a pain even when you know what you're doing. Even among engineers there are some who specialize in those areas. There are some great tools like Netlify that make it easy, but it's not intuitive.
I used to be a software engineer and man I'm glad I got out when I did. You can build out an app with API and build scaffolding in a day or two that would have taken a team months. Software Engineers are so cooked. Only potential advantage a human has is troubleshooting, but even that is reducing.
Stagflation is back on the menu, boys!
It also launches on startup with all of your previously open Chrome tabs to trick you into using Edge instead of Chrome. You know your product sucks when you have to try to trick people into using it.
Ah yes, noted "value stock", Tesla, selling at the classic value metric of a 335 trailing p/e. Ben Graham spinning at 300 rpm in his grave right now.
At least he's still got Adam Jonas to help with the pumping
