Posted on 11/14/2022 1:00:57 PM PST by Red Badger
I remember him, RIP......................
I should have such a problem!................😉
I am no investor, outside my IRA/401K funds, no stock guru or anything remotely knowledgeable about all the ways of finance. Derivatives are a complete mystery.
Having said that, I have always wondered why anybody would buy stock in a company that had no real assets or product besides their big computers and possibly the real estate that their offices sit on.
That’s not a solid investment, that is just plain gambling and foolishness.
Meta, especially, is nothing more than a bunch of computer geeks and gossip mongers. It’s a passing fad and people have gotten tired of it. I closed my FB account over 5 years ago and haven’t missed it on second.
Many others have as well. The novelty wears off, the revenues slow to a trickle and sooner or later it becomes ‘old fashioned’ and people stop using it totally..............
Platform, synergy, block chain, value formation, cross functional delivery, blah, blah, blah, bamboozled.
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