I think there was a massive drop in the share price a few days/weeks before and everyone in tech and finance media was slaying zuckerberg and saying he was crazy to go in VR. If the same narrative shows up in different places, it’s a sign people maybe just buy into it without nuance.
I would love someone to breakdown a scenario or topic by "first principles thinking" where we could see an example of the herd being totally wrong!
I did a little exercise on Meta as a potential investment in November. Here it was about splitting fact from overly negative projections.
https://www.linkedin.com/posts/alex-adamov_value-investing-adamov-approach-activity-6992912499587088384-7tVa
This so dope - thank you! Why were you thinking about investing at this point say? Was the negative noise - the herd - the loudest at this point?
I think there was a massive drop in the share price a few days/weeks before and everyone in tech and finance media was slaying zuckerberg and saying he was crazy to go in VR. If the same narrative shows up in different places, it’s a sign people maybe just buy into it without nuance.