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RG Profile picture
RG
@raygachette
🇩🇴 PharmD / Trader - Avid sports fan - Not investment advice - equities mentioned could be long or leveraged short targets - discipline trumps conviction
Jun 9, 2022 • 10 tweets • 7 min read
Thinking about market booms…

Google compounding >25% a year since IPO, Facebook coming public at $100 billion dollar valuation, eventually SaaS IPO’ing at 60x sales…

Thinking back on the growth of shale more than a decade ago Companies trading at multiples on production numbers, $2000 one bedrooms in 2013 in North Dakota, ‘Wildcat Billionaires’

Then on Black Friday 2014 the Saudi’s decided against cutting production…

I learned what it felt like to have my face ripped off 😂