Fang, ant, bat


That was one of the reasons why I missed out on FB. Wanted to buy it at $19 back in 2012 but because of the nature of my work I could not by law.


Another lame excuse. You could’ve bought it in 2013, 2014, 2015, 2016, 2017, or even today.


Nope - I could not buy in 2013 either because I was still employed by the same company. I am not buying today because it’s not at my target price point.


I missed out on AMZN and FB because I think they are losers :wink:


I told my ex-coworker to buy FB at $65 a share back in 2014 and he looked at me with bewilderment. I wonder what he is thinking now… :smile:


I didn’t buy in 2014-2016 either because during this time period I bought my current home and ran out of cash, and now FB is too high, so timing was never right. At least I bought TWTR at its low point…even though it’s no FB.


How do you know FB is too high? My ex-coworker thought FB was too high back in 2014. My other ex-coworker thought FB was too high back in 2012.


If your ex-coworker thought FB was too high back in 2012 he/she was just crazy. How about $1?


Perhaps in 2024, we can look back and say if harriet thought FB was too high back in 2018 she was just crazy…


That’s not even close to insider trading. The time that passes between then and going public is years and years these days. Any info wouldn’t be material or relevant anymore by the time they are public. Plus, they have to disclose so much info to go public.


Sure, by then hopefully I have at least two rental properties already so I could care less… :slight_smile:


What is the word for when you admit you’re wrong by making a certain statement even though that statement didn’t say you have admitted wrong?


You never know who’s wrong until 2024. Besides, admitting you’re wrong is no biggie. That’s better than pretending you are wise even though you are not.


save face?


Netflix beat. Stocks up 8% AH. :sob:




How is their SG&A spend more than 2x the R&D spend? All the cost of producing content should be under cost of revenue. That’s weird. It’s unusual for a company that doesn’t need a huge sales force to have so much SG&A spend.


To this day I still don’t understand Netflix. Oh well. Win some and lose some.


There’s no need to understand anything. Do you really need to know how an internal combustion engine works in order to drive a car?


Well at least I need to make sure the engine doesn’t blow up on the road?