Behind the Idea #12: Facebook And How To Update Your Facts
When the facts change on a stock that 'everybody knows', how do you change your mind? Professor Aswath Damodaran wrote an article about why Facebook is worth considering - https://seekingalpha.com/article/4162285-facebook-feeding-frenzy-time-pause - and provided a framework for how someone could update their views on a company. We take a look at that framework to see how it can be an example for investors, and where it might fall short. Topics covered: A summary of the professor's thesis and our three top Learn more about your ad choices. Visit megaphone.fm/adchoices
