Vaynerchuk on Facebook Investment

The transcript discusses an individual's investment strategy, focusing on buying shares due to long-term beliefs in the market. It critiques Facebook's impact, comparing it to Philip Morris, and addresses concerns about fake news and privacy. The conversation highlights the balance between profitability and privacy, emphasizing that users often prioritize convenience over privacy. The discussion concludes with reflections on how society perceives and acts on privacy issues.

What is the main reason the speaker continues to invest in Facebook?

• Recent positive news about Facebook

• Influence from other investors

• Long-term belief in the stock

• Short-term profit opportunities

How does the speaker view the comparison of Facebook to Philip Morris?

• As a minor issue

• As a fair and accurate comparison

• As an exaggerated and unfair comparison

• As a necessary critique

What is one of the main concerns discussed about Facebook?

• Its impact on the environment

• Its financial instability

• Its role in spreading fake news

• Its lack of innovation

According to the speaker, what do people often prioritize over privacy?

• Cost

• Convenience

• Quality

• Security

What does the speaker suggest about people's actions regarding privacy?

• People are very protective of their privacy

• People prioritize privacy over everything else

• People often sacrifice privacy for convenience

• People are unaware of privacy issues