
RamenPanda|11月 25, 2025 22:59
The market loves swinging from one extreme to another.
When the market thought GPT had destroyed Google search and believed Google's AI was failing and heading downhill, its PE ratio was under immense pressure.
But as soon as the earnings report came out and Buffett made a purchase, the market seemed to wake up as if slapped in the face, suddenly realizing that Google is a vertically integrated giant with everything. Now its PE ratio is rapidly expanding again.