You may have noticed an absence of Twitter commentary from me yesterday. You may have thought, “That is odd, isn’t it a top three holding for this Raul fella?”
I was angry, not because the stock was down but, because men took to their podium (via the Twitter platform, of course) and said stupid things. They said things that were detrimental to the investor class. They were detrimental because they came from a position of perceived authority. Fodder like this, from a BLUE CHECK-MARKED PUNK:
TWTR is crashing.
— Jay Yarow (@jyarow) October 27, 2015
I have been looking for a reason to unfollow this miscreant for months. I am a patient man, gagging on information at times to test my stoic grit, but knowing wholeheartedly that some people have detrimental life intent.
I did not heroically add Twitter shares this morning. The position is already an oversize ‘ticket out the ghetto’ long. However, and let this echo across the northern hemisphere, I am extremely optimistic about Moments, Periscope, and all other things of the Twitter variety.
It is the best. It will always be the best, thing, ever. Now leave me to my ritualistic FOMC preparations.
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+1
Well put, Sir. Great seeing you in NYC! I think I’m still recovering from the after after party.
Raul, is this something you’re holding in an IRA/retirement account or regular brokerage account? I’m very interested in learning/hearing about how people view TWTR. Thanks in advance for the response and insight.