Facebook Plunges 20% at the Open, Wiping Out $120 Billion in Value

The discussion covers the challenges and expectations in the market, particularly focusing on the advertising industry's growth trajectory and the communication issues within large companies like Facebook. It highlights the unrealistic expectations of infinite growth and the need for more realistic market assessments. The conversation also touches on the broader implications of managerial problems and regulatory fines.

In what way does the speaker describe the investment community's view on growth?

What factors does the speaker believe contribute to the gap in earnings guidance?