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That’s not correct. It actually has nothing to do with that. It is an acronym (Facebook, Amazon, Netflix, Google), and it was a group of high growth tech stocks
by lawnchair_larry 7y ago
That’s not correct. It actually has nothing to do with that. It is an acronym (Facebook, Amazon, Netflix, Google), and it was a group of high growth tech stocks about 5 years ago, coined by Jim Cramer. It’s not even relevant anymore. It has nothing to do with who pays the most or who is most desirable for employees.
- CydeWeys 7y agoIt is correct if you care about what people mean when they use a given word. An older meaning that has fallen out of primary use isn't very helpful in understanding what people are saying today. Etymology != current usage.
- lawnchair_larry 7y agoThe meaning hasn’t changed, many people just use it incorrectly because of this misconception.
- CydeWeys 7y agoThe meaning clearly has changed if it's widely being used in a different way. How do you think all those different definitions of words get into dictionaries? You're being prescriptivist, whereas language usage is descriptivist.