Market Report: IS META/FACEBOOK DEAD?

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.0 • 4.1K Ratings

🗓️ 12 November 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this Market Report we spoke about Meta's recent issues, we debated if it meant the death of the company. #meta #facebook #marketmondays

Link to Full Episode: https://youtu.be/3zyFPTy7zXA

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Link for Market Mondays Live at MSG: https://www.msg.com/calendar/hulu-theater-at-madison-square-garden-november-2022-market-mondays-live-with-earn-your-leisure-podcast-and-ian-dunlop

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Transcript

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0:00.0	Let's talk about this.
0:02.1	How are you able to predict the fall of better?
0:05.2	Can we get the horns?
0:07.0	Burp, burp, burp, burp, burp.
0:10.2	So three things.
0:11.0	This is normally the moment where I would like
0:13.8	pat myself on the back, but I want this
0:15.6	to be a very instructional lesson.
0:17.8	Number one, you always have to understand
0:20.1	what the macroeconomic environment is.
0:22.9	So if the economy, if the entire world is thinking things
0:26.6	are going well, you have to dig and do the research
0:29.8	and say what is wrong with the industry
0:32.6	or the cycle that we're in.
0:34.4	Because it's easy in 2020, 2021, everyone
0:36.9	just to throw money into options, forex, venture capital,
0:41.4	angel, and think they're genius.
0:43.6	But you have to see when it's the fact going to stop funding
0:49.1	this big bubble that they created.
0:51.8	Number two, if you look at the high-risk
0:54.5	free Facebook one on, it's unsustainable.
0:58.4	A couple of times I've been to Metta's offices.
	...

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