5 ms·

time to buy more FB shares when a company leaves the headlines it's time to sell.

by sayonaraman 5y ago

whymauri 5y ago
you jest, but they are up 170% since the Cambridge Analytica scandal.
netizen-936824 5y ago
This same attitude, caring about profit above all else, is the reason for this shit show in the first place. Shameful.
- cute_boi 5y ago
  (All of the following are my personal opinion) and long as laws, rules, regulation supports it many people/corporation will always choose profits over ethics and its not a broad generalization but a natural instinct in my opinion. And you can also buy prestige just by throwing cents in name of philanthropy right? I hate it but this is how natures works and its too cruel.
  - netizen-936824 5y ago
    Humans ate in control of laws and regulations, we CAN do something
  - nicoburns 5y ago
    > and long as laws, rules, regulation supports it many people/corporation will always choose profits over ethics Many is a key word here. Many will, but many will not. And how many do is definitely a function of culture. As shown by the big difference in attitude to this question between the US and Europe.
- zozin 5y ago
  That’s what a business is. Greed is good, it drives people to do great things and create amazing products. If company A cared less about profits and more about society, it would lose out to company B who cares only about profit and market share, before eventually company A withers and dies and all we are left with is company B. It’s the role of government to curtail greed and industry actions. The current climate is caused by a a failure of government to step in and intervene, not by the industry caring about profit above all else.
  - jjulius 5y ago
    >Greed is good... You say this as though there aren't any downsides to greed. >The current climate is caused by a failure of government to step in and intervene, not by the industry caring about profit above all else. No, it's both. Full stop.
    - sayonaraman 5y ago
      I don't think you can argue with Gordon Gekko " that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit..." And btw this forum is hosted by one of the most prominent venture capitalist firms in Silicon Valley which funds thousands of (promising) capitalists. That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise.
      - jjulius 5y ago
        >That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise. The pursuit of happiness is not greed. What qualifies as 'happiness' is entirely up to each individual, and for many people that doesn't include being greedy.
        sayonaraman 5y ago
        well as the success of the US economy shows, those greedy capitalists create millions of jobs and goods and increase overall "happiness" of millions (of perhaps less greedy) people. Greed and free markets make for a healthy society. As a counter-example see what happened with the Soviet Union, I can tell you first hand that didn’t work very well. Demonizing "bourjois" values of private property and prosperity, while fetishizing the “common good” and all-controlling government made the entire society very unhappy (except for a few fat bureaucrats) and led to its eventual collapse.
      - AnimalMuppet 5y ago
        I absolutely can argue with Gordon Gekko. His "philosophy" is intended to be a caricature of what's wrong, not a serious position. > "Greed... captures the essence of the evolutionary spirit..." But see, we don't want the evolutionary spirit. We want our kids to be able to play in the park without worrying about the survival of the fittest. We want cures for diseases. We want social safety nets. We want to live in a civilization, not in a "state of nature"; we want to be humans, not animals.
paxys 5y ago
You are overestimating how much this entire saga (including yesterday's outage) has affected Facebook's share price.
dillondoyle 5y ago
I bought more after a stop loss sale. I was a strong bull for a while basing on where I spend my advertising dollars. I spent like at least 60% of my clients money on FB (before CTV scaled). Now CTV is eating more budget AND I'm really feeling the iOS changes. I think the ad market will sort it self and value out but this month has been bad and all over the place. For instance targeting small non-profit donor lists isn't as effective but for some reason I'm having some success just targeting everyone over 45 (a non-profit ask, prob won't work as well for a Democratic ask). I also see a ton of tik tok videos reposted with logo and everything on IG. Still a bull but I am concerned and unless they get a new platform or immersive reality/ar takes off I don't think there is room for huge exponential growth anymore. Significant incremental 100% though IMHO. But who am I opinion doesn't matter, my ad buying experience is only one tiny anecdote. I'm small in both spend and my investments - only recently became better at saving vs spending. Though my dad put in more than I could a bit after IPO and has bumped his retirement considerable
- pjc50 5y ago
  > I also see a ton of tik tok videos reposted with logo and everything on IG Yes, that's what reels is for, reposting content you made in the tiktok editor. (So few people understand that that's an important part of the success of tiktok, as is its radically different suggestion algorithms)

time to buy more FB shares when a company leaves the headlines it's time to sell.

whymauri 5y ago

you jest, but they are up 170% since the Cambridge Analytica scandal.

netizen-936824 5y ago

This same attitude, caring about profit above all else, is the reason for this shit show in the first place. Shameful.

cute_boi 5y ago
(All of the following are my personal opinion) and long as laws, rules, regulation supports it many people/corporation will always choose profits over ethics and its not a broad generalization but a natural instinct in my opinion. And you can also buy prestige just by throwing cents in name of philanthropy right? I hate it but this is how natures works and its too cruel.
- netizen-936824 5y ago
  Humans ate in control of laws and regulations, we CAN do something
- nicoburns 5y ago
  > and long as laws, rules, regulation supports it many people/corporation will always choose profits over ethics Many is a key word here. Many will, but many will not. And how many do is definitely a function of culture. As shown by the big difference in attitude to this question between the US and Europe.
zozin 5y ago
That’s what a business is. Greed is good, it drives people to do great things and create amazing products. If company A cared less about profits and more about society, it would lose out to company B who cares only about profit and market share, before eventually company A withers and dies and all we are left with is company B. It’s the role of government to curtail greed and industry actions. The current climate is caused by a a failure of government to step in and intervene, not by the industry caring about profit above all else.
- jjulius 5y ago
  >Greed is good... You say this as though there aren't any downsides to greed. >The current climate is caused by a failure of government to step in and intervene, not by the industry caring about profit above all else. No, it's both. Full stop.
  - sayonaraman 5y ago
    I don't think you can argue with Gordon Gekko " that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit..." And btw this forum is hosted by one of the most prominent venture capitalist firms in Silicon Valley which funds thousands of (promising) capitalists. That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise.
    - jjulius 5y ago
      >That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise. The pursuit of happiness is not greed. What qualifies as 'happiness' is entirely up to each individual, and for many people that doesn't include being greedy.
      - sayonaraman 5y ago
        well as the success of the US economy shows, those greedy capitalists create millions of jobs and goods and increase overall "happiness" of millions (of perhaps less greedy) people. Greed and free markets make for a healthy society. As a counter-example see what happened with the Soviet Union, I can tell you first hand that didn’t work very well. Demonizing "bourjois" values of private property and prosperity, while fetishizing the “common good” and all-controlling government made the entire society very unhappy (except for a few fat bureaucrats) and led to its eventual collapse.
    - AnimalMuppet 5y ago
      I absolutely can argue with Gordon Gekko. His "philosophy" is intended to be a caricature of what's wrong, not a serious position. > "Greed... captures the essence of the evolutionary spirit..." But see, we don't want the evolutionary spirit. We want our kids to be able to play in the park without worrying about the survival of the fittest. We want cures for diseases. We want social safety nets. We want to live in a civilization, not in a "state of nature"; we want to be humans, not animals.

paxys 5y ago

You are overestimating how much this entire saga (including yesterday's outage) has affected Facebook's share price.

dillondoyle 5y ago

I bought more after a stop loss sale. I was a strong bull for a while basing on where I spend my advertising dollars. I spent like at least 60% of my clients money on FB (before CTV scaled). Now CTV is eating more budget AND I'm really feeling the iOS changes. I think the ad market will sort it self and value out but this month has been bad and all over the place. For instance targeting small non-profit donor lists isn't as effective but for some reason I'm having some success just targeting everyone over 45 (a non-profit ask, prob won't work as well for a Democratic ask). I also see a ton of tik tok videos reposted with logo and everything on IG. Still a bull but I am concerned and unless they get a new platform or immersive reality/ar takes off I don't think there is room for huge exponential growth anymore. Significant incremental 100% though IMHO. But who am I opinion doesn't matter, my ad buying experience is only one tiny anecdote. I'm small in both spend and my investments - only recently became better at saving vs spending. Though my dad put in more than I could a bit after IPO and has bumped his retirement considerable

pjc50 5y ago
> I also see a ton of tik tok videos reposted with logo and everything on IG Yes, that's what reels is for, reposting content you made in the tiktok editor. (So few people understand that that's an important part of the success of tiktok, as is its radically different suggestion algorithms)