Quote (ofthevoid @ 12 Jan 2021 09:49)
I know there is a lot of chatter around regulating and/or breaking up the tech giants and some of these stocks are taking it on the chin but think it creates an opportunity.
I bought FB recently. It's trading at a forward P/E of less than 25 while still growing tremendously. Unlike most other tech companies FB didn't run up a bunch in 2020 and it's only up 16%. Another reason why I think FB is a good company to own is because of Oculus. VR is only getting started and this industry is going to explode in the upcoming years.
the idle pacification of the masses continues as planned. programmers, IT, and remote workers making 6 figs+ living in places where $700/month gets you a 1 bedroom 1.5 bath. all the excess funds can stimulate the future economy by buying a waifu for girlfriend (see:
) and VR to simulate reality
This post was edited by excellence on Jan 12 2021 09:00am