“With FB I just don’t see the 5 year future. Though to be fair I did not see it 3 years ago either and I was wrong.”
Well, since I’m a George Costanza of investing, and since I just bought some, we’ve now reached Peak Friendface…er…Peak Facebook.
Saul, I agree with your personal assessment of Friendface as a service, even without my account being hacked. That’s why I listed those comic relief videos in my first post. (“The I.T. Crowd” is one of my favorite all-time TV shows.)
I’m buying Friendface as a contrarian to my own past impulses, just like George Costanza in the Seinfeld “Opposite” episode, where he kept coming out ahead by doing the opposite of his normal behavior.
If I really wanted to be contrarian to myself, I’d buy Amazon, too. Maybe I’ll buy one share, and then become a proud thousandaire if it ever splits again.