Pixel Envy

Written by Nick Heer.

Pedro de Noronha “Might Become Obsolete in Three Years”

Pedro de Noronha, in an interview with CNBC:

Pedro de Noronha, managing partner at hedge fund Noster Capital, said he was unsure about the Silicon Valley-based company’s long-term potential.

“I need to know where a company is going to be in 5-to-10 years. I mean look at Apple, a company we all admire…I don’t know where they are going to be in three years,” Noronha told CNBC in a TV interview.

“It’s a very competitive landscape. They might become obsolete in two-to-three years, as we’ve seen with dozens of technology companies.”

Or space aliens that look like poodles but are the size of elephants may pop up in three years. You just don’t know.

That’s why I’m bullish on poodles the size of elephants.