[ FAANGs ]
“If you look at successful tech companies now, they build a
waterfront, an ecosystem and a subscription-based model
that keeps you as a customer”
“Microsoft has done that in the
commercial world. If you’re using
Office 365, you probably want to use
Dynamics and Teams, because they
are all going to talk to each other on
one platform.
“This was 15 years ago. I’ll be
honest, I was late to recognise it and
I only bought Microsoft earlier this
year, because I was coloured by that
mediocrity and failed to recognise it
got its act together.”
Of course, Microsoft is not
technically a FAANG, for no other
reason than swapping the “N” for
an “M” (it is worth more than six
times as much as Netflix) would
make this group sound a little
toothless. This just goes to show
that investors should focus less
on arbitrary acronyms and more
on individual companies, their
fundamentals and whether they
have some bite.
SHARE PRICE OF MICROSOFT SINCE 2000
200
150
100
50
0
2000
2005
2010
2015
2020
Source: Google Finance
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