Showing posts with label Facebook IPO. Show all posts
Showing posts with label Facebook IPO. Show all posts

Thursday, February 2, 2012

Marc Faber not buying Facebook IPO

Dr. Marc Faber says that he does not use Facebook everyday , it is an amazing success story Marc Faber says but google was growing faster at the beginning he added , Facebook has say within 4 year have reach the numbers of participants that google had in 7 months , look I do not buy anything that is in the line light , Facebook is a lot of hype and so forth I think the evaluation is on the high side , I am not saying that you can't make any money , may be someone who buys at the opening who is a flipper he makes some money and so forth but it does not meet my criteria of evaluation you can put it this way , I should have bought it 4 years ago when ......I like to buy assets that are neglected

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