Minutes 5/18/16

18 May 2016
I. Technology
A. Apple (AAPL)
1. Purchased a 1 billion stake in DiDi (Uber in China)
2. Suggestion: hold or buy more
a) Has huge amount of cash
3. Warren Buffett’s Berkshire Hathaway has purchased 1 billion stake
B. Amazon (AMZN)
1. Bridgewater dumped Amazon stock
2. Up 3.49% this week
3. Suggestion: sell
a) High P/E ratio
b) Low profit margin, due to matching retail prices
c) However- high reinvestment
C. Google/Alphabet (GOOGL)
1. Google is starting to sell a device called “Home” that will talk to users
2. Suggestion: hold
a) Has monopoly on search engine
D. Alibaba
1. Suggestion: hold
2. Revenue, income, and profit margin have all increased this year.
3. Low debt/asset ratio, reasonable P/E
4. Solid management and leadership
5. Dominant products in Chinese market
a) AliPay
II. Misc.
A. Continued selling stocks
1. See spreadsheet
B. Will sell in chunks, rather than all at once