The Unsinkable brian cork™

Brian Patrick Cork is living the Authentic Life

why other people should buy Facebook

February6

I’m no fan of Google, most of the time.

but, I know they’ll get better, some how.

perhaps I’ll take that position because I’m an optimist, albeit a Prudent one, mind you. and, a gentleman.

as a contrarian though I can see alternative ways to help Facebook do good, despite their intentions. just read further. do it!

to be fair, John Haydon evidently thinks quite highly of certain tools found on Facebook, if you’re using it as a business page, some how. we’ll follow Mr. Haydon awhile, and sort him out.

however,  that said, I’m steadfast against Facebook. ironically, Google’s Chrome (that’s a browser) has a tool that helps you track how much time you waste on Facebook. I love that. none of my people (in my companies) care about Facebook, and a lot of people hire us to help them make even better decisions. there’s symmetry of purpose, in that.

but, I don’t like it that two of the goodly men I coach in business are in the midst of divorces and Facebook was arguably the ignition-point for each. one fellow rediscovered his ex-college sweetheart, and the other’s wife found a new man on a Triathlon Facebook page for her club. is that tit-for-tat?

just in case you go rooting around on the internet, (Yahoo is still often better than Google, but Bing is kind of awesome) you’ll note that I have a Facebook page. but, just so we are clear, my staff set it up and then we decided to never accept friends on it. I’m a rather unusually disciplined person, but Joanne simply asked that we not allow for any temptations. that’s good enough for me. but, it’s also the tip-of-the-iceburg for a lot of other people.

in any event, one of my brokers (yes, I use them) called today laughing about Facebook. he’ll certainly be able to get shares for us but won’t be recommending them to his people.

“they are for them other folks that are needed to for cannon fodder”, says he.

so… If Facebook says its worth $100 Billion dollars that means it will have to have sales of 27 x sales (currently $1B) and 100 x earnings. for perspective you need to know that Apple is currently at 3.3 x sales and 10 x earnings, and they actually do some good in the world. and, shares in the company will likely help families put kids through college (indeed, they’re helping me put other people’s kids through college) also… I’m willing to bet, and I am as a loyal shareholder and consumer, in fact doing just that, people will want and own iPhones than waste time on Facebook.

so… let other people buy Facebook. the same type that buy into Facebook, I’ll wager. I’ll short you later and put more kids through college.

peace be to my Brothers and Sisters.

brian patrick cork

2 Comments to

“why other people should buy Facebook”

  1. Avatar June 1st, 2012 at 8:03 am The Unsinkable brian cork™ » Blog Archive » Facebook and Divorce lawyers Says:

    […] meanwhile, what it made ME think of is that investors should have known better than to buy the IPO stock. and, I did warn you, here: why other people should buy Facebook (stock). […]


  2. Avatar April 5th, 2013 at 5:52 am The Unsinkable brian cork™ » Blog Archive » will Facebook consume YOU? Says:

    […] why other people should buy Facebook (7.7) […]


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What’s All This About?

"What am I looking at?", you might wonder.

Lots of stuff.

Meanwhile, here, I discuss events, people and things in our world - and, my (hardly simplistic, albeit inarticulate) views around them.

You'll also learn things about, well, things, like people you need to know about, and information about companies you can't find anywhere else.

So, while I harangue the public in my not so gentle way, you will discover that I am fascinated by all things arcane, curious about those whom appear religious, love music, dabble in politics, loathe the media, value education, still think I am an athlete, and might offer a recipe.

All the while, striving mightily, and daily, to remain a prudent and optimistic gentleman - and, authentic.

brian cork by John Campbell





photos by John Campbell

 

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