10 year company pick | Business advice |
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Facebook’s stock is down 400 billion dollars despite massive revenue/profit growth and Oculus beating projections.
I’m buying more shares weekly, but amazed by lack of public backing on it.
I’ve done two polls and the first one showed Facebook with almost no support as a stock by those who voted in it.
My view is the issue isn’t so much Facebook as it is Mark Zuckerberg, so I posted this poll a few hours ago and with 5,000 voters, not a good public image.
Despite being possibly the most successful entrepreneur in the last 20 years, people would rather get advice from Gary Vaynerchuk, who is a guy telling people to invest in Pokémon cards on Instagram.
Mark Cuban who while noticeably better than Gary Vee also ripped Zuckerberg apart, despite really only having one business win, which was convincing Yahoo to overpay during a bubble for a failing web business.
I’m also a huge skeptic of Elon/Tesla, but this poll suggests why the stock is so high, where markets can be built on cults of personality.