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These Talking Head Stock Analysts are beyond useless.
Posted on 2/2/24 at 11:09 am
Posted on 2/2/24 at 11:09 am
18 months ago when Meta was $90 they were all saying don't touch it, it's going the way of MySpace.
Today it's at $470 and they are all upgrading and recommending.
They have no more idea what's going to happen than the man on the street performing his own due diligence.
Today it's at $470 and they are all upgrading and recommending.
They have no more idea what's going to happen than the man on the street performing his own due diligence.
This post was edited on 2/2/24 at 11:11 am
Posted on 2/2/24 at 11:45 am to Bob Bass
Low cost indexing is the answer and has proven it time and time again.
Posted on 2/2/24 at 11:59 am to Bob Bass
The stock market is a zero-validity environment. It goes up. It goes down. It goes up over time. Nobody can time the market.
Financial "news" is entertainment. You can find bull and bear articles at any point in time. Those who follow bears lose the most.
Financial "news" is entertainment. You can find bull and bear articles at any point in time. Those who follow bears lose the most.
Posted on 2/2/24 at 5:14 pm to Bob Bass
All these heads do is babble finance jargon while shilling buy/sell on nothing more than whether price is above or below the 200 day MA. Hell, CNBC pushes the talking points these heads spew.
Reality is that anybody who knows what's going on ain't giving it away for free on TV.
Reality is that anybody who knows what's going on ain't giving it away for free on TV.
Posted on 2/2/24 at 5:46 pm to Bob Bass
quote:
These Talking Head Stock Analysts are beyond useless.by Bob Bass
I remember when back in the early 2000s, they were saying, “Amazon? Why buy stock in a book company that can’t turn a profit?”
Posted on 2/2/24 at 8:50 pm to Bob Bass
quote:
18 months ago when Meta was $90 they were all saying don't touch it, it's going the way of MySpace. Today it's at $470 and they are all upgrading and recommending. They have no more idea what's going to happen than the man on the street performing his own due diligence.
I am not sure who you were watching. A lot of fund managers and talking heads were on META 15 months to a year ago. A lot changed with META from 18 months ago, too. There was reason for people to be down on it. Last year was a huge year for Zuck. They completely shifted to cut spending and move focus away from Metaverse. They are the only ones making real money off AI right now other than NVDA.
Karen Finerman was all over META early last year.
S4 Capital’s Martin Sorrell is big on advertising, META ‘s real bread and butter along with AI now, said it was going higher.
Sir Sorrell says META will rebound in 2023
It was even Jim Cramer’s number one stock pick going in to 2023.
Cramer Picks META for his top pick in 2023
It was JP Morgan’s number four pick going in to 2023.
JP Morgan Picks META as no. 4 stock for 2023
Satori Fund manager Dan Niles had META as a top pick for 2023.
Interview with Dan Niles of Satori Fund makes META top Pick
M
JP Morgan surveyed investors said META was a top pick.
41% in Investor Survey Picks META
Tim Seymour and Steve Grasso long on META in early 2023
Fast Money Debate META (Grasso and Seymour long)
This post was edited on 2/3/24 at 12:04 am
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