Well I’m not going to retype the whole conversation but it was clearly examining the pace and timing of regulatory response against societal risks (ie examining regulatory behavior across scenarios). The best investors learn to seek similarities in behaviors across models.
“knowledge of your likes” is a pretty flippant and myopic / naive view of the data out there.
Ohai, at the end of the day your average tech analyst thinks like Nerdy. So from an investor perspective and back to my point about catalysts, one of two things must happen. Either 1) meaningful regulation must occur and therefore impact the bottom line (which I’m doubtful of and expressed reasons why) or 2) the Ohai’s of the world need to convince the Nerdy’s of the world that the risk of regulation has risen enough to deserve a spot in their model and permanently haircut P/E (which I don’t see evidence of). Otherwise its just an uninvestable theory and while I’ve said repeatedly I agree with you, I’m an alarmist and a minority viewpoint and don’t see it translating into valuations near term.
Some of the earliest proper data mining of consumers was done by target*, and they found that they could figure out when females were pregnant before they even announced that they were. I can only imagine the sorts of trends, and information that companies can piece together now.
Duhigg talked about that in his habits book I believe, but it was Target. Always love that story. That must have been one awkward conversation.
I’m assuming a significant portion of FB’s value (and undoubtedly the growth expectations) is from Instagram, not the legacy FB platform. I would advise people here to tread lightly thinking FB is a short if they aren’t aware of the value proposition of Instagram.
Hard to be short something like FB when there are so many potential material upsides. Maybe they’ll acquire something else that becomes the next Instagram. These guys buy every company because one of them will be a winning lottery ticket. Plus, people are talking about crazy things like Zuckerberg running for President. Who knows what might happen.
insta for millenials. whats app for emerging.
the rev per user is low both, but like kong said, they will have the growth.
uncertainty breeds opportunity. valuation is down about 20% from its peak. keep in mind, they have cash, so a drop in share price is less than the drop in valuation. also they grow cash flow and eps by 5% per quarter.
birdman had it right from the get go. data is not the issue here, everyone is just extrapolating. why? because our hero trump with his buddy mercer killed the dems by using intelligence to get their supporters to vote in key states.
and so what if they use fake news. dont hate the player baby hate the game!
lol actually it made me think of my best friend in hs who is on fb all the time and believes world is flat and teh shootings are all fake. to all his friends he prolly sounds crazy and they unfriend or unfollow him cuz he just keep reposting shit like that. but i bet facebook feeds him these fake news that fuel what he wants to hear and finds him friends that think the same way. god i love fb. lol. his posts are fantastic.
lol fb on decline. good one.
you prob think goog is on the decline too
^waymo is going to kill it!
it being uber. cuz uber’s ai literally killed a person and suspended their program.
btw igor i see you in seeking alpha nigga!
I don’t have the patience to type about it via my mobile phone, but many of the regulations around the credit reporting agencies came from things like welcome wagons from our parents childhood. The problem was the information wasn’t all that accurate and in some ways had disparate impacts. I’ve often thought that’s a parellel to the ultimate future of the Fintech lenders using big data, but it may also be a historical precedent for this situation as well
This link has some details http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/The-History-of-Credit/td-p/19935
In a similar vein of how much different peoples information is worth, looks like someones total personal info can go for as little as $50, and facebook login credentials as little as ~$6 on the tor markets.
Terrifying problem. Simple solution…don’t participate.
These are monopolies/oligopolies (GOOG, FB, APPL, TWTR, etc), it’s like saying “don’t participate in electricity”. This is how people communicate now. There needs to be regulation, but this is a $2T market cap gang, which is part of the $25T S&P500 gang, which controls the USG. Checkmate, there’s nowhere to run, ride out corporate fascism until societal collapse.
The tech guys be like “hey USG, ignore our monopoly, and we’ll share all the user data with you”, so now the government can spy on and crush political opponents. Studying internet activity is literally as good as mind reading. It’s one big 1984 state now.
that’s the past. hard to explain without getting into the stuff that shall not be spoken outside of the the Woke thread per dear leader STL.
China is way way more invasive, you know that right PA? And they actually do crush political opponents on a massive scale. You must think that thats bad when china invades its citizens privacy/uses their surveillance against political opponents or people on the basis of race or ideology or as a means of pacifying people, right?
the best companies to invest in are monopolies!
but if the prices get way too high! They need to cut it!
Otherwise government should end their lives on sight!
Think of a benevolent monopoly that charges prices that are profitless!
I <3 amazon! but would never invest due to the ridiculous multiple!
its amazing how much ppl dont know that amazon’s profits is mostly from its cloud business.
the retail is subsidiezed!
