And just a few minutes after posting about GM, I'm reading that Waymo stroke a deal with FCA to buy 62'000 for the self-driving service.
As Alphabet is my second largest holding, I'm happy to see them move forward, but I worry this might be too little too late if the 62k number will only be deployed over a few years.
The encouraging part is naming San Francisco Bay Area as the next place they'll deploy their fleet.
I think the economics are going to be much better there then in Phoenix.
It's just great to invest in two reasonably priced businesses, which such big optionality for free.
As Alphabet is my second largest holding, I'm happy to see them move forward, but I worry this might be too little too late if the 62k number will only be deployed over a few years.
The encouraging part is naming San Francisco Bay Area as the next place they'll deploy their fleet.
I think the economics are going to be much better there then in Phoenix.
It's just great to invest in two reasonably priced businesses, which such big optionality for free.
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