Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

If I Had a Billion Dollars

May 29, 2012 By E.J. Smith - Your Survival Guy

Watching Facebook drop by 20% shows you how much greed was involved in this inside deal.

It would be nice to think the deactivation of the Richardcyoung.com Facebook page and my personal account are part of the reason why the stock is falling. Many who try Facebook’s service are initially pleased but soon find it to be boring and tedious and head for the exit. The same is apparently true for the company’s stock. But nevertheless, I’ve been uncomfortable with Facebook from the beginning. The idea of telling people—I mean my “friends” who I have never even met—what I’m doing or my kids are doing has felt weird. And in terms of investing in the company, what is it exactly that Facebook does? Sell ads? I thought Google was doing that. Talk about spreading those crumbs around.

The IPO valuation slapped on this pig was absurd. The road show by CEO Zuckerberg was full of hubris on the part of all parties involved. The way they cashed out was like a mass exodus, leaving average investors stuck with the shares. How’s that for senior leadership from Facebook insiders? In his piece “7 Reasons Why Facebook IPO Was A Bust” Rich Karlgaard writes at Forbes.com:

2. Mark Zuckerberg’s disdain for investors. He never wanted to be a public company. This became all too obvious during the IPO road show’s crucial stop in New York when (a) Zuck hid out in the bathroom and forced the audience to wait, and (b) he took the stage wearing his hoodie. Zuckerberg’s view of shareholders is like President Obama’s view of blue collar workers. He needs them but secretly laughs at them.

You’ll want to read the rest here.

Related Posts

  • Facebook-Deactivated
  • How to Make $5 Million Dollars
  • Cato Saves Taxpayers $90 Billion
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Graduation to Retirement: “I Have a Guy” #7 - May 22, 2025
  • Congratulations, You’re Retired: Now What? Part 6 - May 21, 2025
  • Congratulations, You Graduated into Retirement. Now What? #5 - May 20, 2025

Dick Young’s Must Reads

  • Your Sheriff Is Your Friend
  • Americans Fleeing High Tax States for Growth Corridors
  • “An Epic Struggle Over the Definition of America”
  • Your Survival Guy Prefers Bombardier’s Global Express 7500
  • Will Government Spending Spur Hyperinflation?
  • The Masters of the Universe Align Themselves with CHINA Using YOUR Money?
  • Are You Looking for Investment Counsel? 2 Questions
  • Gstaad and the Swiss Way
  • Democracy: The Most Dangerous and Insidious Effect of Majority Rule.
  • When the Black Swan Swoops In for You

Our Most Popular Posts

  • A Calculated Decision to Keep Silent
  • An American Tragedy
  • Congratulations, You Graduated into Retirement. Now What? #5
  • Retirement #4: How Do You Feel? How Will You Feel?
  • Who Knew about Biden's Health?
  • Middle East Investment Bonanza as Trump Tours Region
  • Donald Trump’s First 100 days
  • Is Trump Divorcing Bibi?
  • Congratulations, You’re Retired #3: “When You Were Young”
  • A Contemptable Little Twerp

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Graduation to Retirement: “I Have a Guy” #7
  • Indonesia Urged to Act Fast to Avert Domestic Gas Crisis by 2033
  • Nuclear Power Gets Green Light in Sweden Despite Political Divide
  • Behind the Code: Microsoft Hunts a Global Cyber Threat
  • Congratulations, You’re Retired: Now What? Part 6
  • U.S. Billionaires Target Congo’s Cobalt in Bid to Secure Energy Future
  • China Dominates Battery Supply Chain: From Mine to Market
  • Shale Plateau Looms as Global LNG Market Set to Double
  • Congratulations, You Graduated into Retirement. Now What? #5
  • World’s Leading EV Motor Factory to Supply Ferrari and Lamborghini

RSS Yoursurvivalguy.com

  • Graduation to Retirement: “I Have a Guy” #7
  • Your Retirement Life: Top of the Rock
  • Where Do We Stand with Tariffs?
  • Congratulations, You’re Retired: Now What? Part 6
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • Is America Poised for Next Gen Nuclear Power?
  • Congratulations, You Graduated into Retirement. Now What? #5
  • Big Blue Blob Cities Drive Residents (and Money) Away
  • Don’t Forget the Laffer Curve
  • Retirement #4: How Do You Feel? How Will You Feel?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives