Alphabet(US:GOOG) Seeking Alpha·2025-10-16 17:30Group 1 - OpenAI was co-founded in 2015 by Elon Musk, Sam Altman, and others with the aim of developing artificial intelligence to benefit humanity [1] - Michael Fitzsimmons, a retired electronics engineer, advises investors to build a diversified portfolio centered around a high-quality low-cost S&P 500 fund [1] - For those willing to accept short-term risks, Fitzsimmons recommends an overweight position in the technology sector, which he believes is in the early stages of a long-term bull market [1] - Fitzsimmons suggests considering large oil and gas companies for strong dividend income and growth, reflecting his background in the industry [1] - His portfolio management strategy emphasizes a top-down capital allocation approach tailored to individual investor circumstances, including age, risk tolerance, and financial goals [1]