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Seeking next FAANG stocks
08-09-2020, 09:54 AM
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#1
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Recycles dryer sheets
Join Date: Oct 2018
Posts: 233
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Seeking next FAANG stocks
It is too late to jump into the FAANG stocks now, any idea who will be the next FAANG stock?
__________________
Retired at 52. Preferred AA 60/40
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08-09-2020, 10:02 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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08-09-2020, 10:19 AM
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#3
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,593
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Quote:
Originally Posted by Eucerin
It is too late to jump into the FAANG stocks now, any idea who will be the next FAANG stock?
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It's not too late (my opinion, of course).
__________________
*********Go Astros!*********
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08-09-2020, 11:07 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Oct 2011
Location: Philadelphia
Posts: 1,360
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If I knew the answer to this question, I wouldn't post it here!
I'd charge you 2 & 20 for the privilege of my wisdom!
LOL
__________________
Luck is when Preparation meets Opportunity.
FIRE'd 1/1/24
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08-10-2020, 11:24 AM
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#5
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Recycles dryer sheets
Join Date: Oct 2018
Posts: 233
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Quote:
Originally Posted by Closet_Gamer
If I knew the answer to this question, I wouldn't post it here!
I'd charge you 2 & 20 for the privilege of my wisdom!
LOL
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No one knows what will be, its just a guesstimate or speculation. That's what is this forum is about.
If you were a financial adviser, sure, charging people for your knowledge, but again, how many advisers got wrong.
20 years ago, no one anticipated Faang stocks become where they are now
__________________
Retired at 52. Preferred AA 60/40
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08-10-2020, 12:51 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Jan 2020
Location: Milwaukee
Posts: 3,938
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Quote:
Originally Posted by Eucerin
20 years ago, no one anticipated Faang stocks become where they are now
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And yet you are asking us to do so for the next batch?
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08-10-2020, 01:03 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
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If SpaceX spins off starlink, then buy that.
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08-10-2020, 01:26 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
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Quote:
Originally Posted by Closet_Gamer
If I knew the answer to this question, I wouldn't post it here!
I'd charge you 2 & 20 for the privilege of my wisdom!
LOL
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I believe those Hedge Fund fees are lower now. You need to stay competitive.
__________________
TGIM
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08-10-2020, 02:06 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,308
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Quote:
Originally Posted by Eucerin
... any idea who will be the next FAANG stock?
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Seriously? If anyone knew, which is highly unlikely, why would they tell you or anyone else?
Turn that coin over and think about all the people on the web making predictions, pontificating, selling newsletters, etc. If their predictions were any good, why would they be working? They wouldn't be. They would be beside the pool on their private yacht or on the beach at their private island, drinking from a glass garnished with an orchid.
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08-10-2020, 02:07 PM
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#10
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Recycles dryer sheets
Join Date: Oct 2018
Posts: 233
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Quote:
Originally Posted by Out-to-Lunch
And yet you are asking us to do so for the next batch?
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Isn't this what the forum all about? Speculation, prediction, insights.....
It's ok if you don't know. Some people have better insights than others
__________________
Retired at 52. Preferred AA 60/40
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08-10-2020, 02:09 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,515
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I do know. But can't say.
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08-10-2020, 02:13 PM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,204
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+1 Damn NDAs!
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-10-2020, 02:16 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,308
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Quote:
Originally Posted by Eucerin
... Some people have better insights than others.
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Please identify one, with a multiyear documented track record showing all predictions made and actual results achieved.
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08-10-2020, 06:25 PM
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#14
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Recycles dryer sheets
Join Date: Oct 2018
Posts: 233
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Quote:
Originally Posted by OldShooter
Please identify one, with a multiyear documented track record showing all predictions made and actual results achieved.
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The thread was meant for fun. Thought people would like the idea to pick stocks that they have bought or will buy. Never meant for people to go to the extreme to looking for "the one".
May be the thread name should be revised to "what stock do you buy today"
__________________
Retired at 52. Preferred AA 60/40
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08-10-2020, 07:42 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Jan 2020
Location: Milwaukee
Posts: 3,938
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Quote:
Originally Posted by Eucerin
Isn't this what the forum all about? Speculation, prediction, insights.....
It's ok if you don't know. Some people have better insights than others
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I totally agree with the sentiment, but the framing threw us off. What if you had said:
"I know this is all just idle speculation, but I have been trying to cogitate on what stocks will take off in the next 15 years? What do you think are the industries and/or companies that will really transform their sectors, and hence really take off as stocks? Think of the FAANG companies! 20 years ago no one knew what or who many of them were, and now they are the linchpins of the S&P 500! What do YOU think will strike it big in the next 15 years??"
See the difference?
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08-10-2020, 09:34 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,669
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Quote:
Originally Posted by Eucerin
The thread was meant for fun. Thought people would like the idea to pick stocks that they have bought or will buy. Never meant for people to go to the extreme to looking for "the one".
May be the thread name should be revised to "what stock do you buy today"
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A better approach is to pick the visionary behind the next company. For example, Steve Jobs was one who knew what the future would look like. The company created devices that enabled many to be part of the future before it happened.
Back in the day you would find Steve Jobs talking about the future at user events. He appeared in some of the magazines of the times, but news about Apple was eclipsed by many more-successful companies at the time. So you had to believe in what he said, and become part of the future by using the products.
Out there are more visionaries who will predict the future and take part in developing new products. You might get lucky and hear about about one or more in this part of social media.
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08-10-2020, 10:36 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,764
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I heard about a search engine that might do the trick. I think it was called Lougle.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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08-11-2020, 04:45 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Michigan
Posts: 4,939
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Quote:
I do know. But can't say.
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Second laugh of the day.
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"The mountains are calling, and I must go." John Muir
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08-11-2020, 05:12 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,669
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Quote:
Originally Posted by harley
I heard about a search engine that might do the trick. I think it was called Lougle.
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Nice one. Lou Dorchen from Hot Tub Time Machine.
https://en.wikipedia.org/wiki/Hot_Tub_Time_Machine
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08-11-2020, 07:18 AM
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#20
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Full time employment: Posting here.
Join Date: May 2011
Posts: 770
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I used the schematics from the Netflix series Dark and built a time machine.
I now am able to determine which are the next FAANG stocks but will have to keep it to myself.
Sorry.
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