FANGs In Fairyland

So this morning, one of the most read stories on CNBC’s website features Paul Gambles, (Paul is the managing director at Thailand-based advisory firm MBMG Group) talking about FANG stocks and Paul isn’t particularly enamored with the “value” proposition there.

Specifically, he calls the FANGs “egregiously” overvalued, on the way to saying the following about Facebook’s apparent failures to address privacy issues the company has been aware of for years:

 

https://heisenbergreport.com/2018/04/05/fangs-are-a-fairyland-the-sector-is-almost-fake-analyst/

 

 

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