A Modest Proposal for the Prudent Investor

Now, a fellow might find oneself with a thousand dollars burning a hole in the pocket, a distinctly awkward situation. Rather than frittering it away on trifles, a spot of judicious investment is decidedly the thing. One wouldn’t want to be left in the soup, after all. My advice, you see, is to cast a discerning eye towards companies that aren’t merely afloat, but positively dominating the landscape. Two such establishments spring readily to mind: Alphabet, a name that rather conjures images of orderly arrangement, and Taiwan Semiconductor Manufacturing, a firm that, frankly, sounds as though it could build one a rather splendid clock.

Alphabet

Alphabet, you see, has rather cornered the market on finding things out. Their Google unit, a remarkably efficient contraption, commands a staggering ninety percent of the online search business. It’s a positively dominant position, secured by a clever strategy of owning the means of access. The Chrome browser and the Android operating system, you understand, are rather ubiquitous, ensuring that Google is the default starting point for countless inquiries. A dashedly clever bit of positioning, what!

TSM“>

Now, Taiwan Semiconductor Manufacturing is a rather different kettle of fish. They are, quite simply, the largest chip foundry in the world, and possess a near-monopoly on manufacturing the most advanced chips. Creating these chips with minimal defects requires a considerable degree of technical expertise, and TSMC has proven to be the only company capable of achieving high yields at scale. A truly remarkable feat of engineering, wouldn’t you agree?

This has made them an indispensable part of the semiconductor value chain and a vital partner to the world’s leading chip designers. It has also given them a considerable degree of pricing power, which has, naturally, helped to push up their gross margins. A most satisfactory state of affairs.

With the AI infrastructure market booming, TSMC is wisely ramping up spending to build out more fabrication facilities – fabs, as they’re known – in order to increase production capacity and meet the surging demand for chips. Between this increasing capacity and their increasing prices, TSMC appears to be a stock to hold onto for the long term. A thoroughly sound proposition, and one that ought to keep the investor in remarkably comfortable circumstances.

2026-02-15 03:22

Alphabet

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