Meta PlatformsShort
The Apocalypse of Facebook!
Updated
Today, tesla breached below the January 2020 level..!
I remember many years ago Warren Buffet once said: "Facebook is a fantastic business, but I do not invest in Facebook because I don't know if it exists in 10-15 years".
It seems the old guy knows things that others don't, it just needs time to prove how right he is..!
Interestingly, all those clowns who said that have total faith in Zuckerburg before the earnings, now talking about Meta as a company with a poor long-term outlook!
A Social media company that losing 1 million users/Day will not exist in less than 8 years, although it has 2.9 billion users today..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
I remember many years ago Warren Buffet once said: "Facebook is a fantastic business, but I do not invest in Facebook because I don't know if it exists in 10-15 years".
It seems the old guy knows things that others don't, it just needs time to prove how right he is..!
Interestingly, all those clowns who said that have total faith in Zuckerburg before the earnings, now talking about Meta as a company with a poor long-term outlook!
A Social media company that losing 1 million users/Day will not exist in less than 8 years, although it has 2.9 billion users today..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Note
Please Correct Tesla in the first line to Meta (Facebook)
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