They banned Cambridge Analytica (or something), which helped Trump in election before becoming president.
I think the Analytica guys came out with some psychology test to get people to share their data.
But just had some sudden thoughts.
Facebook PE ratio now is 30.
If they doubled their profits again this year, their PE ratio will be 15 next year.
They have doubled their earnings in 16 and 17.
Another thought also hit my mind.
If there is a crash, people will still be using Facebook.
People may not be buying on Amazon or Apple.
I think it is a good chance to take advantage of this downswing and increase my stakes in the FANG.
Also took the chance to offload Apple share in IG account.
Earned me around USD660 profit since I bought it in 2016.
It is my least favorite amongst the tech giants, as I am an Android fan.
Also good to lower my exposure in case of a crash, since I just bought Facebook.
Also cut my daily fees in IG platform.
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