Target fundamentally strong stocks (do your DD) and time your purchase using WB’s margin of safety (30% below intrinsic value) or Princess’ 52 week low or your favorite TA or FUD stories or just DCA purchase mindlessly for a long period of time.
The execs bailing are from companies they acquired. Those execs were holding back monetization of assets. It’s actually good for shareholders that they left.
It’s actually quite uncommon for top execs of acquired companies to last as long as they did in Facebook. Most bail right after their mandatory stay period expires.
Huh? Many made it as SVPs and VPs in Apple. Remember Bob Mansfield? I recalled (too lazy to verify) that he is a founder of a small graphic chip company.
Facebook investors could double their money in three to five years according to Whitney Tilson, Kase Learning founder. He opined that about 1 billion new mobile users would get connected and would be using FB and GOOG products and services but will not be buying iPhones (because they don’t have much money? So sell their souls for free services?)
IMHO, double would be disappointing to manch as he would loose his bet with me. FB has to hit $1T market cap by Dec 2022 to have any chance of having a market cap higher than AAPL or he lose Assumption is AAPL would go back above $1T.
The guy said “at least double”. Yeah, doubling would be disappointing. Let’s shoot for 10x.
Facebook is still being dinged by the 2016 scandal. That’s 2 years old news. This thing will pass. Narratives change. We just saw the narratives on Apple changed 180 degrees overnight.
Facebook owns human relationships. It will be worth more than Google.