AI Investing Framework
AI Era Long-Term Investing Framework
A deep framework for investing in the AI era through workflow, data, infrastructure, distribution, commerce, and knowledge platforms.
Core Thesis
The biggest winners of the AI era are unlikely to be the companies with the best models alone.
The true long-term winners will likely control workflow, enterprise data, distribution, infrastructure, attention, and commerce.
AI models may become commoditized over time. Platforms are much harder to replace.
Top AI Platform Companies
NOW
Enterprise AI OS
META
AI Distribution
GOOGL
AI Knowledge Platform
AMZN
AI Commerce + Cloud
WDAY
Enterprise Data Layer
ORCL
AI Infrastructure Utility
MSFT
Enterprise AI Monopoly
RDDT
Human Knowledge Graph
NVDA
AI Compute King
TSLA
AI Civilization Option
Fundamental Comparison
| Stock | Revenue | Growth | Margin | Cash | Debt | PS | Market Cap |
|---|---|---|---|---|---|---|---|
| NOW | $13B | 20%+ | 30% | $9B | $2B | 7x | $180B |
| META | $190B | 15-18% | 42% | $95B | $28B | 7x | $1.7T |
| GOOGL | $420B | 12-15% | 33% | $120B | $26B | 5x | $2.1T |
| AMZN | $760B | 11-14% | 12% | $95B | $145B | 3.5x | $2.3T |
| WDAY | $9B | 13-15% | 28% | $8B | $3B | 3.4x | $85B |
| ORCL | $67B | 18-20% | 44% | $20B | $95B | 6x | $620B |
| MSFT | $310B | 14-16% | 45% | $105B | $60B | 13x | $4T |
| RDDT | $2B | 35%+ | Low | $2B | $1B | 11x | $35B |
| NVDA | $220B | 35-50% | 60% | $95B | $12B | 18x | $5T |
| TSLA | $130B | 10-15% | 12% | $38B | $15B | 10x | $1.1T |
Most Attractive Long-Term AI Investments
- ServiceNow: enterprise AI operating system
- Meta: AI distribution and attention monopoly
- Google: AI knowledge and search infrastructure
- Amazon: AI commerce and cloud platform
- Workday: enterprise AI data layer
Portfolio Allocation
Core long-term allocation:
- NOW 20%
- META 20%
- GOOGL 15%
- AMZN 10%
- WDAY 10%
- ORCL 10%
- MSFT 5%
- NVDA 5%
- RDDT 3%
- TSLA 2%