What are your Investment Rules?

[kiora]

The whales win in the end?

"Microsoft's AI Strategy Validated By Q3 Earnings Beat

Summary
Microsoft's rise to become the world's largest company was always marked by a competitive prowess that Satya Nadella has embodied.
The AI revolution has led to a handful of companies, or "Big AI," buying up most of the AI-relevant talent.
Microsoft's proficiency in AI is improving the company across all segments and creating a virtuous cycle with its cloud offerings.
I suspect that Microsoft will begin seeing a lot of accretive developments for shareholders in the coming quarters."
https://seekingalpha.com/article/468..._free_eligible


Smart talent creates & seizes its own opportunities

[kiora]

"SPIVA® Australia Scorecard

The SPIVA Australia Scorecard measures the performance of
actively managed funds relative to benchmarks over various time
horizons, covering equity, real estate and bond funds, and providing
statistics on outperformance rates, survivorship rates and fund
performance dispersion. In this year-end 2023 edition, domestic
equity funds in New Zealand are included for the first time.
2023 Highlights
It was among the best of times and the worst of times for actively
managed funds. In the Australian Equity General category, more
than three-quarters of active managers failed to keep up with the
S&P/ASX 200, and a similar story was seen in the International
Equity General category"
https://6041596.fs1.hubspotuserconte...ource=hs_email