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The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

29 September 2005

All the world's a platform

If you add every small business in the world - and Google is thinking that way - you can sum up Google's ambitions as this: the company would like to provide a platform that mediates supply and demand for pretty much the entire world economy. As Schmidt put it: "The sum of [Google's potential] market, if you include the large and small companies throughout the world, is the world's gross domestic product." So Google is angling to become the de facto marketplace for global commerce. That's big, but is it big enough to fulfil the expectations for it?

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