Azeem Azhar

My friend asked me this very pointed and helpful question.

At this price...

Would you be a buyer or seller of OpenAI?

Now, investors have lots of choices when they decide where they should put their money.

That's based on one level, risk and return.

It's based on their worldview.

It's based on building a diversified portfolio that rides out the bad times and wins in the good.

So when my buddy asked me this question about OpenAI, yes, it's about whether I reckon OpenAI's value will go up or down in the coming years, but it's also about the other choices one might have with this sort of notional investment in the firm.

Would you be better off putting your money elsewhere?

Now, given OpenAI is a technology stock, that somewhere else

Easiest be the NASDAQ index.

It's the stock index that aggregates most of the big tech players.

And so in my interpretation, the real question is, do I think that OpenAI is going to outperform the NASDAQ over the coming years?

Now, what I should remind you is that nothing I'm saying is financial advice, not a red sentiment.

So it's a fun experiment.

I've been thinking about it.

So let's start with some context, right?

There is a benchmark here, right?

Over the last decade, the NASDAQ index has returned roughly 13% per year.

It's pretty generous.