CRM
Salesforce, Inc.
stockNYSE

Dude no. You're not accounting for turn key infrastructure. Theres a reason AWS took off. This is why neoclouds with purpose built compute will be successful. All of you are in the linear written software paradigm. Soon apps will not be written. Work will get done on per person, creative, ad hoc but rules based environment. Where agents monitor people and agents and people monitor agents for adherence to rules. The best thing to happen to AI is cheaper compute. Usage for this AI factory AI creation environment will skyrocket. This is why CRM and Intuit are suffering. It's not long before adhoc rules based personalized experiences will take over linear written software.

This is what I was referring to, essentially. It doesn't even need to be all or nothing, why I mentioned hybrid. But I already know of some divisions/departments at other large companies that are going that route. I worked for the biggest CRM, the AWS weekly charges were astronomical. And the focus on spending more and more time reducing those costs never stops. The scalability factor is totally needed in many departments, but not all. There are some where more security, less scalability are applicable.

Keep the ones that are still working, dump the stuff you don't have conviction in anymore. RING and XID are dead weight unless you think rates or those sectors turn around, and holding them just because they used to be part of a strategy isn't a reason FAF and SAP feel like the weakest links on the questionable list, CRM probably fine to hold but not worth adding to right now

|Ticker|\# Shares|Current value|YTD P/L| |:-|:-|:-|:-| |POW|37|3428.36 CAD|\+31.2%| |[CRM.NE](http://CRM.NE) (CRM CAD hedged)|55|1000.97 CAD|\+24.84%| |SSNC|SSNC|3080.96 USD|\+19.6%| |SAP|8|1809.03 USD|\+18.87%| |BRK.B|13|6933.88 USD|\+9.24%| |[BRK.NE](http://BRK.NE) (BRK.B CAD hedged)|202|7743.8 CAD|\+4.85%| |ADBE|5|1134.74 USD|\+7.56%| |STPL|130|3422.5 CAD|\+5.03%| |FAF|37|2386.6 USD|\+3.77%| |GIB.A|40|4292.26 CAD|\+2.94%| |[RDDT.NE](http://RDDT.NE) (RDDT CAD hedged)|193|2870.78 CAD|\+0.7%| |[MCD.NE](http://MCD.NE) (MCD CAD hedged)|25|510.1 CAD|\+1.21%| |MNT (Gold)|58|3731.5 CAD|\-9.04%| |RING|127|1860.49 CAD|\-21.43%| |XID|70|3007.44 CAD|\-15.96%| Thinking of holding BRK, POW, STPL, GIB.A, ADBE, RDDT, MCD (adding more), SSNC, MNT The rest are questionable: FAF, SAP, CRM, RING, XID RING and XID are the last remnants of my ETF era where I basically bought etfs from almost every region (did pretty well overall, even with the loss on XID, the loss is technically half because they paid a huge dividend). Also not really down on MNT (gold) since I realized $800 in gains already. Would also love recommendations.