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A comment on Twitter board adopts poison pill after Musk’s $43B bid to buy company. Parent comment

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by aetherson on Friday April 15, 2022 @04:52PM (#31045687)
If you expect Twitter to 20x in the next 5 years, then

a: You're dreaming.

b: You're absolutely expecting a quick short-term gain.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by JumpCrisscross on Friday April 15, 2022 @07:34PM (#31047266)
> b: You're absolutely expecting a quick short-term gain

To put this in perspective, 20x in 5 years is an 82% CAGR. And five years is far short of the length of an economic cycle. Traditionally, "long term investing" meant across at least one whole business cycle.

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