| ▲ | roboror 2 hours ago |
| If we're doing money=smart, the mag 7 control almost $4T in assets and cash, so wouldn't you trust them even more? |
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| ▲ | toomuchtodo 2 hours ago | parent [-] |
| Not based on the evidence of how they allocate capital. Meta wasted $80B on the Metaverse, for example. Apollo allocates capital as their day job. Mag7 allocates by vibes. https://finance.yahoo.com/sectors/technology/articles/mark-z... https://www.nytimes.com/2026/03/19/technology/mark-zuckerber... | https://archive.today/iEGAj |
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| ▲ | triceratops 2 hours ago | parent [-] | | > Apollo allocates capital as their day job. Mag7 allocates by vibes Lol what in the world? Is running a trillion dollar corporation anything other than allocating capital? You can argue that Meta made a poor capital allocation decision with VR and perhaps continues to do so with AI. | | |
| ▲ | toomuchtodo 2 hours ago | parent [-] | | I have an opinion based on the data, yours may differ. Favorite this thread for when the music stops. It has before (1999-2000, 2007-2008), it will again. | | |
| ▲ | triceratops 2 hours ago | parent [-] | | I'm objecting to your categorization of the job of running one of the Mag7s as something other than "capital allocation". The CEO of Meta or Amazon or any of these other companies allocates capital all day long. They do it differently than an asset manager like Apollo for sure, and sometimes make worse decisions. But it's in the same category. |
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