Fat Baby Funds's avatar
$41.5m follower assets
Good not Great
What are some good companies that people mistake as great?

Mistaking good for great can be an agonizing way to underperform as an investor.
Highs & Lows Newsletter's avatar
Facebook... People thought it was an infinite advertising engine and then cookie-tracking + bots exposed it for being a has-been social network used primarily by Boomers.
Joshua Simka's avatar
@stocksthatgoup Doesn't sound like you see much "good" at all in $META!
Joshua Simka's avatar
Two come to mind:

$ZM: admirable founder/CEO, good execution, strong financials...but meager growth prospects, in my estimation

$PAYC: strong past price appreciation, double digit revenue growth but highly vulnerable to the labor market and macro environment with limited optionality and a super high valuation

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