fb now worth 4x what it was in aug 2012, when many analysts were saying "i told you it was going down!" do they ever get fired?

Jul 23, 2014 路 9:25 PM UTC

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Replying to @sama
@sama @pmarca The financial industry doesn't care about individual analysts, it cares about the notion that such analysis has value.
Replying to @sama
@sama "nobody knows if a stock is going up, down or f-ing sideways, least of all stockbrokers." Fairy dust, never landed :)
Replying to @sama
"@sama: fb now worth 4x what it was in aug 2012, when many analysts were saying "i told you it was going down!" @drunkeynesian @DaniloBalu
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Replying to @sama
@sama luckily, the stock market provided an easy way to very directly bet against such morons.
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Replying to @sama
@sama @EconTalker B-U-B-B-L-E. From the South Seas Bubble to today.... People never, never learn.