Given my day job as an online marketer, I completely agree with Gio, there is no better way to target the people that will be most likely to be interested in your product than Facebook. They still seem priced for perfection right now though.
As I have said, it is extremely difficult imo to get right how fast and how long FB could keep growing. Who really knows? Maybe, also FB will develope other businesses besides its core advertising business, like GOOG and AMZN are doing... Who says FB will remain only an advertising company? It surely has the wherewithal to expand in other areas as well.
If you cannot predict how fast and how long FB could keep growing, its FV must remain very uncertain.
Maybe you are right, and the market is too optimistic right now... or maybe the market is ignoring future opportunities... given this uncertainty, FB remains a small position for me.
« Last Edit: April 21, 2017, 01:46:46 AM by giofranchi »
Portfolio: AMZN, BRK.B, DIS, FB, FFH, FWONA, GOOG, IBB, JNJ, JPM, LBRDA, MKL, NKE, QQQ, SBUX, TRV, XBI