It’s now been one year since the Facebook IPO, and you probably would have been better off investing your money in some Iraqi Dinar or Bitcoins instead.
A $10,000 investment in Facebook fared much worse than the same amount invested in Apple, Google, the S&P, and the Nasdaq. I don’t think anybody is scratching their head about this one.
Please don’t act surprised
In 2010 Zucks was saying things like this.