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Nah Facebook is old and mature, not bubble material. Short the exciting and new Tesla!
by BenoitEssiambre 13y ago
Nah Facebook is old and mature, not bubble material. Short the exciting and new Tesla!
- logicallee 13y agoEDIT: Let me rephrase. I think it's silly to call Facebook "old and mature" when it IPO'd 18 months ago. It makes it sound like you would have had a shorting strategy for it some time ago, perhaps 18 months ago - which might have failed miserably - but now would sweep that under the rug, pretending to have never had it. Of course, we can all be clairvoyant if we sweep our losses (FB is up 27% versus IPO opening price) under the rug. Shorting as a strategy works wonders if you ignore when it doesn't.
- BenoitEssiambre 13y agoFeeling edgy? I think someone is holding a bit too much TSLA. My investment strategy is low cost index funds. I'm not about to start playing in that casino.