Quote:
Originally Posted by Hog's Gone Fishin
My brother always says just buy a stock and forget about it. Look at it in 10 years. This shows exactly why that's not a good approach. AAPL and MSFT you could get away with it but not these so much. Lot's of profit got left behind here.
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I think VC money has changed the game some. I listened to books on Theranos and WeWork and I have one bough about Uber.
Everybody is trying so hard to get on the ground floor of the next Amazon they just don’t look at the business or the finances.
Maybe some of these tech stocks will roll. But like the Netflix one, anyone with half a brain would know they were reaching saturation.