3 ms·
Don't hold your breath for FAANGs crashing spectacularly soon. I mean, it is possible, however IBM is still limping on and FAANGs are bigger even when adjusted
by oblio 2y ago
Don't hold your breath for FAANGs crashing spectacularly soon.
I mean, it is possible, however IBM is still limping on and FAANGs are bigger even when adjusted for inflation than IBM was in the 1980s.
So even if they do start dying, realistically their corpses might even limp into the 22nd century.
- Workaccount2 2y agoThere is some insane statistic about apple where they could cease selling of every product, bring revenue to $0, and still carry on with all other expenses for something like 75 years.
- jmole 2y agoIs that via cash holdings or stock holdings? I know Alphabet has had some buyback activity, but I don't really track Apple's moves here. I am glad to see Alphabet paying dividends now though, it feels like the sign of a company that knows insane stock price growth can't go on forever.