Here’s the deal. No one cares about the money you make more than you.
That’s right. Nobody.
Not your mom. Not your family. Not your wife or husband. Nobody.
Let that thought percolate.
Tag investing
Just about five months since Facebook bought Whatsapp for an unprecedented $19 billion (representing 1/10th of Facebook’s total market cap). Some of the controversy surrounding the sticker price has worn off with the passage of time.
Still, discussion continues to reverberate about what the acquisition means for Facebook and whether or not the company was smart to spend so much. And there doesn’t seem to be much middle ground between the two camps either. You either think Zuckerberg is an idiot and acted out of a defensive impulsiveness or you think he’s five steps ahead of everyone else in understanding connectivity within the new mobile app universe.
For me, it’s pretty simple. Facebook’s acquisition of Whatsapp is a game changer for the company. Every single time someone tells me they paid too much, I just say, “well even my mom uses Whatsapp.”
Here are five other reasons that the price Facebook paid was not too high.
Last month I bought MCD with the intention of holding the stock for an extended period of time in my retirement portfolio. In this post I’m sharing the basic reasons for why I bought the stock last month at just under $98 a share.
A Sneak Peak before the Semi-finals
In my opinion, Holland has been the class of the 2014 World Cup tournament. Much like the other semi-finalists, the Dutch side has been shaky at times. They’ve teetered on the brink of elimination, for example when they were down a goal with minutes left against Mexico before scoring two quick goals to win minutes later in stoppage time. Why?