Zuckerberg Gains $3.2 Billion as Facebook Soars on Mobile - Galt's Gulch

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Zuckerberg Gains $3.2 Billion as Facebook Soars on Mobile

Posted by eskslo 10 years, 11 months ago to Business

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Young producers producing and doing it in a big way

SOURCE URL: http://www.bloomberg.com/news/2014-01-30/zuckerberg-gains-3-2-billion-as-facebook-soars-on-mobile.html

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Posted by mminnick 10 years, 11 months ago

Don't know and don't really care about his politics. He is a Creator using the Fountainhead terminology. He had an idea and he built it. Yes I'm sure there were others who assisted, but it was his idea, his vision that gave it all the spark and the drive to get it done.
Howard Roark would recognize him.

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Posted by fivedollargold 10 years, 11 months ago

Detest MZ's politics, but I agree, he's a producer. (Disclaimer: $5Au is long FB shares.)

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  Posted by eskslo 10 years, 11 months ago
  
  Nice. How do you think the company is doing as a shareholder, but near and long term?
  
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    Posted by fivedollargold 10 years, 11 months ago
    
    Near term. 95.5% increase in stock price during the last 12 months is fantastic. However, the current Price/Earnings/Growth ratio of 2.87 is higher than I like. Generally, I like to buy when the PEG ratio is below 2 and sell when it gets above 2. In this case, FB is so dominant at what it does that I plan to hang on to my shares for a while. Maybe sell half if it goes much higher.
    
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Posted by eskslo 10 years, 11 months ago

I have my own personal thoughts on Facebook and it's true value. However, putting that aside I love business and I celebrate entrepreneurs and business success virtually across the board. While BO and much of the world vilify the rich, I make a choice to celebrate wealth

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