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A comment on Meta stock sinks more than 23%. Parent comment

Re:Meta stock sinks more than 23% by disgruntledphd2 on Thursday October 27, 2022 @12:11PM (#33359725)
I spent five years at Facebook (2013-18) and the best move I ever made was to ignore the existence of my shares until 2017. But yeah, generally the right approach is to diversify.
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Re:Meta stock sinks more than 23% by lupire on Friday October 28, 2022 @09:59AM (#33371477)
From 2013 to 2020 (at which point the USG turned dollars into Monopoly money), FB only barely outperformed the S&P500 while also being a volatility risk.
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Re:Meta stock sinks more than 23% by kevinventullo on Friday October 28, 2022 @12:00PM (#33373181)
Looking at historical prices, that is simply not true. S&P doubled in that time period while FB went up about 8x.
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Re:Meta stock sinks more than 23% by disgruntledphd2 on Friday October 28, 2022 @01:29PM (#33374510)
Yeah, I literally left at the peak in 2018 before the Q2 earnings.

Clearly I was holding the place together ;)

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