Facebook stock is currently worth $344 billion. Expect that to be under $40B sometime in the next 8 years.
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Replying to @HbdNrx
Just look at the charts of various NASDAQ stocks from 1999-2003 for comparison to what may come.
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Replying to @HbdNrx
2 important considerations re stocks like FB: 1. What sectors are the political winds favoring? 2. Broader monetary expansion/contraction
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Replying to @HbdNrx
The top-down influence of the president on particular sectors of the economy should not be underestimated.
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Replying to @HbdNrx
Similarly, Fed, bank, and gov policies that lead to monetary expansion and contraction need to be kept in mind.Few failures when money flows
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I should specify that that should be an inflation-adjusted $40B. Dollar devaluation is also possible.
4:20 PM - 12 May 2016
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