4 ms·

I've bought some Meta stocks when it dipped, as I figured they were "too big to fail" and would eventually go up. However, I've been contemplating selling all t

I've bought some Meta stocks when it dipped, as I figured they were "too big to fail" and would eventually go up. However, I've been contemplating selling all the stocks I've bought because of this and the previous ad. If these are kind of the ads that comes out after millions of dollars spent and hours of collective thinking; I don't think whatever they are building now will be appealing to people. As another comment HN have put it: they've lost all touch with reality.

GianFabien 5y ago
When you buy stock you stop caring about what the company does. You only care about what the market thinks about what the company does. If the stock price goes up you sell for a profit. For companies that don't pay dividends, the stock price is driven purely by the expectation that somebody will pay you more for the stock than what you paid for it.
- creakingstairs 5y ago
  > When you buy stock you stop caring about what the company does. > You only care about what the market thinks about what the company does I’m not sure I’m getting your point. What the company does affects what the market thinks what the company does. I mean sure, feedback is not instantaneous and there have been quite a big mismatch especially recently. But I think it still comes down do execution in the end. > For companies that don't pay dividends, the stock price is driven purely by the expectation that somebody will pay you more for the stock than what you paid for it Yes this is why people buy stocks. What the company does will affect the future expectation.
disqard 5y ago
Like you, I seriously considered that idea (buying while it's low), but I decided not to, because that'd be like supporting that company in some way -- as if I were helping bankroll (admittedly, t a very tiny extent) its perverse vision for the future. In the end, I put my money elsewhere.

GianFabien 5y ago

When you buy stock you stop caring about what the company does. You only care about what the market thinks about what the company does. If the stock price goes up you sell for a profit. For companies that don't pay dividends, the stock price is driven purely by the expectation that somebody will pay you more for the stock than what you paid for it.

creakingstairs 5y ago
> When you buy stock you stop caring about what the company does. > You only care about what the market thinks about what the company does I’m not sure I’m getting your point. What the company does affects what the market thinks what the company does. I mean sure, feedback is not instantaneous and there have been quite a big mismatch especially recently. But I think it still comes down do execution in the end. > For companies that don't pay dividends, the stock price is driven purely by the expectation that somebody will pay you more for the stock than what you paid for it Yes this is why people buy stocks. What the company does will affect the future expectation.

disqard 5y ago

Like you, I seriously considered that idea (buying while it's low), but I decided not to, because that'd be like supporting that company in some way -- as if I were helping bankroll (admittedly, t a very tiny extent) its perverse vision for the future. In the end, I put my money elsewhere.