Sometimes it’s the free fall that kills you

I’ve been banging on recently about pending mean reversions in the price of many assets.In today’s news, it’s Facebook’s (Meta) turn. They reported poor quarterly earnings and the stock has fallen 23% in after-market trading.It’s going to erase some serious market capitalisation. It’ll be wiping out the same amount as the combined sharemarket value of … Continue reading Sometimes it’s the free fall that kills you