This video explains options in simple terms, showing how calls mirror stock ownership and how to exit positions using stock liquidity.

The article argues that while AI itself isn’t over-valued, Big Tech earnings are the real speculative risk — massive investments, circular deals, and weak proof of monetisation suggest the sector’s fundamentals may not support current valuations.

Berkshire’s Alphabet stake, representing 0.31% of the outstanding shares, was worth $4.3 billion as of Sept 30, and about $4.9 billion as of the market close on Friday.

MODG is up 43% year-to-date.