Facebook's Folly?
This week we give our take on Facebook's (sorry... Meta's) earnings call, talk European decline, and breakdown BNPL payment flows.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
Facebook’s Folly? In our blogpost this week we dissect Facebook’s earnings call and give our view on how to think about the company’s future. There’s good, there’s bad, but whichever way you look at it, the story has changed. Click here to lead our latest post.
Farrer Fun Fact
Who is losing out? The above is a chart of the top 50 global companies by nationality. While Chinese companies are growing fast, its not US companies that they are displacing. Since 1990 China has taken ‘market size share’ from European companies where as the US has recovered and then grown its share. (Source: Bloomberg)
Articles and Videos of the Week
To pair with our blogpost this week, checkout Zuckerberg’s thoughts on AR/VR and why the company should by Unity in his 2016 internal memo. The man has been obsessing about the metaverse for a while.
If you thought metaverse goals were ambitious, take a look at this. This company wants to scan over a billion eyeballs to launch a new cryptocurrency.
This was a solid infographic detailing how the payment flows in BNPL work and who gets paid what.
Ikea’s success is impressive, but did you know they were tricking you all along? Check out this thread to see how.
This Twitter user condensed our friend Fred Liu’s (Hayden Capital) investment philosophy into 18 tweets. Its a must read.