Q: With all of the fear around software being made obsolete due to AI, are there any particular businesses that you might see as being inappropriately oversold in this mass sell-off? I’m specifically wondering about TOST, as it seems that because it is so integrated into restaurant ecosystems, this would be hard to replace with AI… any thoughts on this? Many thanks.

Q: If one sells ADBE at a loss and buys IGV, is the loss accepted by CRA or because it's included in IGV will not be accepted.

Thanks

Q: Further to the question asked by Clarence last January 20th on Constellation Software (CSU) & cos. (Lumine Group and Topicus), I’ve been doing research on Adobe (ADBE) to determine if it might be a worthwhile investment at this point in time.
Like CSU & cos, ADBE shares have declined significantly since generative AI became a “thing”. However, unlike CSU & cos, ADBE has been quick to integrate AI into its product portfolio, namely with its Firefly applications and its partnerships with leading AI ecosystems including Open AI and Google Gemini. Yet, despite these aggressive moves and a fair number of positive analyst reviews, ADBE’s share price continues to slide into deeply undervalued territory. Morningstar gives it a 5-star rating.
My question is this: if, despite Adobe’s considerable efforts to provide its customers with solid AI-related solutions, its share price continues to fall, how confident are you in the future direction of CSU & cos’ share prices? I understand that they are not deeply into public relations but even if by miracle they were to reveal how much effort they are putting into incorporating AI into their services, in what way would the outcome be any different from what is happening to Adobe’s share price?