arcube

This has been a wonderful performer in my mother’s IRA. Some helpful info below. https://diane.substack.com/p/social-commerce-is-the-future

Beast mode today!

Keep convincing yourself of your cool and hip narrative..you are not the first one and you won't be the last.

+1 I really couldn't disagree more. With no satisfying underlying principle guiding this decision, this is absolutely not ensuring the longevity of -anything- in its current form. We're still in a state of complete disequilibrium, and Facebook remains a big juicy target for Ambitious Regulators, Aspiring (or Degrading) Politicians, and Culture Warriors. All we've done is reaffirm that the social media empires are taking more seriously their holy role in deciding what thoughts are permissible, no longer worried about exercising any humility due to the social status of the Thinker. That said, I don't think the decision makes any of this worse. It is probably a tactically clever thing--ban POTUS when there isn't enough time on the clock for the full legal issues to flesh themselves out, while everybody is too busy with A Crisis of Something Else to focus on litigating it in public, but giving yourself something to point to to show you weren't Complicit during the Age of Orange Hitler. So, as far as what it means for the value of the business? Probably not huge, maybe a very slight positive? But considering how monumental this shit is at the layer of "society", I'd say the civilizational uncertainty makes me wanna dial the correct multiple for everything back a bit.

What a day!!!!!! $1000 next!

Like him or not, Zuck made a strategic move ensuring longevity of his business in it's current form. After being a cuck for DT, what a pivot at the right time. Very opportunistic. FB will thrive in so many ways. Lot to divide people on while keeping them connected!

Before you decide to short...read his last tweet in the attached... : ) Back to work it is....

Sorry to hear that John. I wish you peace. I "managed to produce" minus 32.9 percent in about a month [the period February 19th - March 23rd] while being actually mentally incapacitated, not fit & proper and ill, & doing nothing, mostly staying away from the keyboard and my monitors. On that backdrop, there's no need to complain about minus 3 percent. - - - o 0 o - - - Off topic : Ended the year with a once-in-a-lifetime experience. R.I.P., Little Brother [Passed away December 31st early in the morning, & way too early]. So here, also a huge thank you to Broeb for picking up the baton on this yearly recurring topic.

Fresh blood here!

You are a lucky guy. Such an easy decision for you. So many cars with Carplay and better build for you. Unbelievable..

+1 No position in Tesla, but as to the bolded, thats the beauty of the market. It keeps score for everyone. Its pretty clear who the idiots are from that perspective. In fact, its been a blowout now for almost a decade, so it's not just the voting machine either. Unless of course now the voting machine and a near decade are considered "short term"....in which case...whats long term? 25 years? In which case, what? You're wrong once, and you've wasted 80%+ of your time horizon?(assuming one has a 30 year window for accumulating assets)...

For anyone to understand the true scale of what the tech lead Tesla has.. Go see Quantumscape (QS) video from today related to batteries. https://www.youtube.com/watch?v=dGnPSkXKb0I Ask yourselves why Uber could not solve driver less problem and why did they sell that division...

+1

Excellent piece. Just to cherry-pick your post. Other than regulation - Singapore and South East Asia countries are much more swift with policy changes for the people. I find P/S almost as useless as SSS - as it's an oversimplification. Ironically, let me explain via oversimplification - Consider a 20B company generating 1B in revenues - 20x sales. If it's highly innovative and has great economics that becomes greater over time, then I think we can say it's net margin could be 60%. Especially considering large tech sporting 20-30% net margins. Only a 33x P/E. At 40% net margins - 50x earnings. At 20% net margins - 100x earnings. For a business that's growing 100% y-o-y, you can decide what's fair. Of course, they're buying their sales but they are paid back in full within months. Here's an interesting take from a local. https://seekingalpha.com/article/4391750-shopee-perspective-from-indonesia

+1 Ha. I pay for one of their services and get value from it in tracking macro markets. But I am sometimes bemused by their analyst conclusions on individual stocks. They reversed on Peloton and Zoom after each had gone up multiples. Andrew Left also was short PTON—said it was worth $5 when it was $30. Didn’t work out too well. His short target for PLTR is $20 which is not all that bearish considering it’s 2x first post direct listing price...