Facebook in Your Portfolio? Achtung Baby!

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4 • 823 Ratings

🗓️ 19 October 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

We’ll argue the bear and bull case for investing in Facebook with the help of Jason Moser and his alter ego. Robert explores a more holistic approach to evaluating your expenses with the help of financial planner Matt Trogdon. We’ll answer your question about capital gains taxes and include one too many U2 references.

Transcript

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0:00.0	This is Motley Full Answers. I'm Alison Southwick, and I'm joined, as always, by Robert
0:07.4	Poked-U Brokamp, personal finance expert here at the Motley Fool. It'll make sense later, bro.
0:12.1	Don't worry about it. How are you doing?
0:14.6	Fine. How are you? In this week's episode, we're going to hear the bear and bullcase for investing
0:20.2	in Facebook. Bro talks to
0:22.1	financial planner Matt Troggden about a more holistic way to ponder the true cost of your expenses,
0:26.7	and we'll answer your question about paying capital gains taxes. All that and more on this week's
0:31.8	episode of Motleyful Answers. Imagine you're in college, and you decide to build a website to rank the hotness of the women on campus.
0:41.3	Icky decision, but okay. Within a short amount of time, your playful display of misogyny grew to be one of the most influential websites on the planet with almost 3 billion monthly active users generating almost 90 billion dollars in
0:56.2	2020. One of the big reasons for your massive success is the powerful algorithm under the hood that
1:02.3	curates the content we see and ultimately praise on our most base instincts, accelerating feelings of
1:07.9	jealousy, anger, and depression. Oh, you watched that whole video because it made you outraged?
1:12.7	Here, have more of that. Of course, I'm talking about Facebook and Mark Zuckerberg, who's had a rough autumn.
1:19.5	While the rest of us were putting on cozy sweaters and eyeing all the new pumpkin spice offerings,
1:24.7	the Wall Street Journal published a massive expose saying time and time again,
1:29.0	the documents show Facebook's researchers have identified the platform's ill effects time and time
1:34.4	again, despite congressional hearings, its own pledges, and numerous media expose, the company
1:39.9	didn't fix them. This included that Facebook buried studies that showed their platforms encouraged
1:45.7	depression, eating disorders, and suicidal thoughts, and girls and young women. And the whistleblower
1:50.8	who supplied many of the documents to the Wall Street Journal went on to testify on Capitol Hill.
1:54.8	And now some lawmakers are saying the company is too powerful and needs to be broken up.
1:59.5	Or at least have a scosh more oversight and regulation.
	...

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