I made a bet 1 years ago that Facebook would soon be a $trillion company despite regulatory troubles, FTC dismissed the suit, and fb crossed 1T same day ….. how you like dem apples @yDonateTwitch
Also when @pokimanelol tweeted about “which stonk to buy” I pitched $FB
In before someone comes in and says “but so and so company did better”
The point was I picked a company I could actually understand that greatly outperformed indexing (+28% over the same period). Facebook was up 85%, and is still arguably “cheap” today (not advice)
Like, yea I’ll take my 61% annualized returns tyvm
Should the USA BAN Tiktok (as India has already done)?
Leaving aside the political motivations re the administration, there’s probably a real interesting discussion here (continued in next tweet)
I’ve always maintained that if Instagram wanted to they could create earths biggest celebrity by simply “boosting” the explore/algorithm ranking of a particular account so that it always shows up at the top of everyone’s feed/dominates the explore/discovery feature.
Influencers as a group are remarkably attuned to trends and figure out pretty quickly when something is trending or doing well. There’s also immense peer pressure/group think in shaping our values depending on what the deafening voice of the “masses” are saying/engaging with