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A comment on Is Mark Zuckerberg in over his hoodie as Facebook CEO?. Parent comment
Basically, if you bought a company with a P/E of 90 and decreasing revenue (it had dropped 6% in the quarter) then you shouldn't be playing with other people's money. Everyone knew it was a massive risk.
Basically, if you bought a company with a P/E of 90 and decreasing revenue (it had dropped 6% in the quarter) then you shouldn't be playing with other people's money. Everyone knew it was a massive risk.