Showing posts with label value. Show all posts
Showing posts with label value. Show all posts

Monday, August 6, 2012

My Facebook Prediction and the Speed of Change

On May 23, 2011, I predicted that Facebook would lose half of its value within 5 years due to loss of users: http://limbinvest.blogspot.com/2011/05/facebook-5-years-50.html .  Arguably, the 50% loss has already occurred but I don't raise the issue to take credit (I fully expect Facebook to lose more value over time), but rather to consider a point:  the world may be moving much faster than my previous conceptions of it would permit.  Another case in point:  one of my first posts predicted that Google would acquire Motorola Mobility within 5 years.  That prediction proved correct but took 5 months.  These are anecdotes to be sure, but I'm now examining my assumptions about the speed of change and the volatility of the world and its markets.