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About a decade ago, when facebook(after IPOing at 38) came down to 20, I was in a bus speaking with a friend about buying a bit and holding it forever(like Buff
by pellucide 3y ago
About a decade ago, when facebook(after IPOing at 38) came down to 20, I was in a bus speaking with a friend about buying a bit and holding it forever(like Buffet). He laughed at me. A lot of folks in the bus gave me strange looks.
So far it has been the best decision(investment wise) for me.
The only effort I did was to read their IPO prospectus and the latest 10q(at that time).
- tdullien 3y agoIn 2011 after selling my company to Goog a salesperson from Goldman called me trying to sell me pre IPO Facebook stock. I told him I think FB is s fad, and given that he works for Goldman, they wouldn't sell it if they thought it had value. I was not a good investor back then.
- paulpauper 3y agoI have been following Meta/Facebook since 2008 when that story broke of Microsoft's initial investment. Long-time investor.