What does this even mean, haha. AMD is an also ran competing on price. It has no competitive advantages, no moat, weak brand. That is has a 180 PE is an absolut

What does this even mean, haha. AMD is an also ran competing on price. It has no competitive advantages, no moat, weak brand. That is has a 180 PE is an absolute joke. It's so high purely because the culture really dislikes Intel/nvidia making so much money on their pricey products and wants a viable competitor badly. This leads to them emotionally becoming invested into the alternative even though objectively it's not a fast growing nor defensive business. FB on the other hand. Incredible profit growth year after year. Powerful network effects leads them into crushing new markets all the time. Huge profits from their monopolies lets them easily take cool risks. The whole comment about MySpace/social media is exactly what I'm talking about. Males who are nerdy are extremely dismissive of products that are mostly used by women or other people from different milieus. People have a hard time pulling for companies that they don't see succeeding, it's a cognitive error leading to imagination inflation. Know your biases. Please, keep this thread in mind in 5 years!