Schwab Network on $MSFT (Nov 2, 2026)

We are investors in Alphabet and Microsoft, two companies we have already invested in for a long time. As for Microsoft, we've been with them since 2003 when Steve Ballmer was still running the company.

That company's stock price barely moved for a decade, but in the meantime, the company was building beneath the surface what we see today , and that company has truly substantial assets.

Now let's move on to Microsoft. This is the name you mentioned you have owned for a long time, since the early 2000s. Obviously, I'm sure your reasons have changed over the years. Why do you maintain a foothold there?

Yes, it is another good example of a company that we believe is well-positioned for the future. They have many ways to succeed during this cycle, and you have an opportunity at this time of year to invest in companies that have specific solutions or new innovations , or you can invest in a company like Microsoft that has extensive business in many areas within this great wave that we are all experiencing.

Thus, Microsoft provides us with a means to invest for the long term and the ability to maintain a position in a company that fully manages the challenges of this wave of artificial intelligence.

Are there any risks you anticipate when it comes to Microsoft? Yes, there are always a lot of risks, but compared to other ways of investing in artificial intelligence, we believe Microsoft is one of the safest ways to invest.

We also like to invest in companies where the price you pay for the investment really matters, and so you are also protected from the downside as we go through different stages of the cycle, when you invest in a company that is as well-rated as we think Microsoft is.