3min chapter

Animal Spirits Podcast cover image

A Housing Recession (EP.281)

Animal Spirits Podcast

CHAPTER

Facebook IPO

Young people no longer enjoy broadcasting on social media. Facebook IPO in May of 2012 is now underperforming the S&P 500 since that date by 120%. At the peak in September 2021, it was outperforming by 600%. It's now underperforming. All of that all performance is just poof gone.

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