Re:Tech bubbles are bursting all over the place
by epgui on Friday May 13, 2022 @03:24PM
(#31371604)
The devil is certainly in the details, and valuations are often overly optimistic...
But similarly, I believe there are a few really strong companies that are dramatically under-valued today, partly because they (purposefully and strategically) don't turn a profit yet, or because they trade at a very high multiple.
Facebook is not one of the companies I spend a lot of time researching (but don't interpret this as me having a negative view of the stock-- I just have "no view").
Taking the time to read filings, as well as any investor materials these companies put out (with a critical and open mind, of course) goes a really long way.
But similarly, I believe there are a few really strong companies that are dramatically under-valued today, partly because they (purposefully and strategically) don't turn a profit yet, or because they trade at a very high multiple.
Facebook is not one of the companies I spend a lot of time researching (but don't interpret this as me having a negative view of the stock-- I just have "no view").
Taking the time to read filings, as well as any investor materials these companies put out (with a critical and open mind, of course) goes a really long way.