2 commentsWhenever I read news about Google, it's like reading about an ex-girlfriend. Their new 300,000+ sq foot New York office, or the private 767 that Larry and Serg bought? It figures. So typical. We should have been together. I never bought the stock and I am a hypocrite.
And now She (GOOG), my fictional ex-girlfriend, is way north of 400. A $120 billion dollar beauty.
Did I tell you that I got everybody in my office to start using Gmail and stop using Outlook? We made the switch, like, a year ago. And I carry around a Google water bottle everywhere I go, under the context that I love drinking water (which I do). It's a Nalgene co-brand that I got at the Google store when I bought my Google polo last year before going to India to learn about outsourcing. I loved wearing my Google polo around Bombay and Pune - especially to the golf course - wondering if anybody would notice and accidentally think that I worked for the mothership.
But I never bought the stock. Not at 100, not at 190, 250 or even 300. I never bought the stock for the one company that I really believed in last year. I still have a lot to learn about investing.
I thought that at $50 billion, Google's market valuation was a little presumptious for 2005, even for gifted people like me who can see the future (modest, I know).
I guess I'm scared to commit.