Proameteur Investigator

Google: I See a Bargain Here

Let's not get hung up who is an amateur and who is a professional investor. The fact is, the majority or professional investors are wrong the majority of the time. It's only thanks to careful money management that they ever make a profit. Often this money management advantage fails due to over emotionality and they get wiped out just like anyone else , as the current position many hedge funds find themselves in demonstrates.

There is no intellectual authority in being a professional investor. Most of the advice professionals give is biased crap. Only successful investors whether amateur or professional are worth listening to. Trying to pull professional rank on those opinions you consider amateur is just a sign that you don't think you opinion is valid enough to stand on its own. The fact that Google will see a large increase in revenue due to the white space advertising, is a valid reason to consider their future prospects and share value, as improving significantly - cetirus paribus - which of course they never do. Nevertheless it is a very significant factor that could overide many others that might change. So I think the point made by the author of the article about google currently being a good bargain could well be correct. Time will tell.