Preferences

sometimes you lose

When your track record includes a lot of losses, the scale points more and more toward "clueless" and away from "4D chess".
Especially when there are hours of public footage of the decision maker in question not sounding particular astute as a technical or strategic thinker.
How does zuck’s net win-loss track record look to you?
The lottery.
Isn’t that already priced in? Shorts exist.
The market can stay irrational for longer than you can stay solvent.
That was my point, if someone thinks that Meta is overvalued, they can put their money where their mouth is. The fact that the share price hasn’t cratered is a kind of collective belief in the opposite.
Edgy prediction: Meta is irrelevant and on a path to even further irrelevancy, and, fingers crossed, a bankruptcy or at least Zuck being removed as the main man
I can't/won't short the stock because shorting usually is for 14 days etc. and I can't be certain in that timeframe about meta or any company

I mean, theoretically you could short a company for a really long time it seems like, I just searched, I always assumed it to usually be of 14 days but still.

Isn’t that the reason options even exist? You need to know you won’t starve and die if your harvest doesn’t come in. I’ll admit that I’m no expert on finance and innovations in financial instruments, but I think short selling has been around in some form or another for centuries.

https://en.wikipedia.org/wiki/Short_(finance)

> The practice of short selling was likely invented in 1609 by Dutch businessman Isaac Le Maire, a sizeable shareholder of the Dutch East India Company (Vereenigde Oostindische Compagnie or VOC in Dutch).

And like VR?

And like...LLAMa?

Maybe also like adding ads in WhatsApp cause we gotta squeeze our users so we can spend on... AI gurus?

Meta has not had a win since they named themselves Meta. It's enjoyable to watch them flail around like clueless morons jumping on every fad and wasting their time and money.

It makes me feel better / more comfortable with myself seeing what meta does. Almost being childish.

Maybe this sounds selfish but its a little fun to me to see them lose. I just don't like meta and its privacy in sensitive ad network bullshit.

Like the fact that if someone clicked a photo and deleted it then show them beauty ads because they are insecure. I can't give 2 cents about the growth of such a black mirror -esque company

> I can't give 2 cents about the growth of such a black mirror -esque company

I would donate my two cents or even more to witness their downfall though. I left WhatsApp years ago, and haven't used any of their other services like fb or Instagram. I don't want to contribute to a company that actively helped a couple of genocides (Myanmar), help elect a dictator or two (Philippines) and spread racist propaganda and, most recently, allowing women to be called 'personal objects'.

Their tech is far from impressive, their products are far from impressive, the only impressive thing is that they are still in business.

Like everything but acquisitions since the original product?
Doesn't sound like "sometimes" in most cases

This item has no comments currently.

Keyboard Shortcuts

Story Lists

j
Next story
k
Previous story
Shift+j
Last story
Shift+k
First story
o Enter
Go to story URL
c
Go to comments
u
Go to author

Navigation

Shift+t
Go to top stories
Shift+n
Go to new stories
Shift+b
Go to best stories
Shift+a
Go to Ask HN
Shift+s
Go to Show HN

Miscellaneous

?
Show this modal