3 ms·
> I'm willing to bet in my lifetime Facebook will not become the world's largest company. PS - There's an easy way to bet on this, just buy some stock :) EDIT
by mbesto 10y ago
> I'm willing to bet in my lifetime Facebook will not become the world's largest company.
PS - There's an easy way to bet on this, just buy some stock :)
EDIT - Well, technically, you want to short the stock.
- code_duck 10y agoIt's inverse, so the way to bet is to not buy some stock. Done!
- bbctol 10y agoOr rather, to short their stock, if you want to make some money off it.
- zardo 10y agoDoes Facebook's valuation assume growth that will make them the largest company on the planet?
- jacquesm 10y agoNo, it is to short the stock. The question is if you can hold out long enough and if the change you predict will happen fast enough. That can get expensive quickly, so it's not quite the inverse of holding stock where the only downside is how far the stock can drop, not how far it can go up.
- megablast 10y agoSaying it will not become the largest company is not the same as saying the stock will go down.