Comment by Rapzid
18 hours ago
Totally. I'm sure I'm not alone in saying that if I had to pick a FAANG to put all my retirement savings into Meta would absolutely not be my pick.
Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Meta is going to have higher ads revenue than Google this year.
Social media is an extremely competitive landscape, with competitors rising overnight.
Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
> Social media is an extremely competitive landscape, with competitors rising overnight.
This is not true at all. There are two players. FB/Instagram and TikTok. Using one does not preclude using the other. Other than tiktok, who was the last new player in social?
> Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
Whole countries literally run on WhatsApp.
5 replies →
That has been the talking point since facebook launched.
> Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Short of social media being classified as something like alcohol or cigarettes, you will lose money on this trade. You’re betting against ingrained human nature.
If you try and hold a short position for 25 years, you will lose all your money, even if you were right.
I'm convinced that 99.9% of folks online who claim they're going to "short a stock" have never actually shorted anything in their life.
> Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Not a good idea. Meta has hundreds of leavers to find more profits from anywhere.