Alphabet: Mispriced And Built To Compound

Core Viewpoint - Alphabet (NASDAQ: GOOGL) is considered a high-quality compounder with strong cash-generating ability and competitive advantages, making it a long-term investment opportunity [1]. Group 1: Investment Strategy - The company is targeted for investment due to its potential for achieving at least 15% annualized returns, with a focus on businesses that are deeply discounted from their asset base [1]. - The investor has achieved an annualized time-weighted return of approximately 16% over the past three years, indicating a successful investment strategy [1]. Group 2: Positioning - Alphabet represents 5-6% of the investor's portfolio, highlighting its significance as a major holding [1]. - The investor is open to considering takeover targets, provided they maintain a strong business model that would be acceptable to own independently of the acquisition [1].