Here’s a blast from the past:
The red arrow marks the date of this article. As you can see, following its IPO, Facebook (now called Meta) had a pretty lousy time of it.
Fast forward thirteen years. I’ve drawn the same red arrow, but you’ll probably need a microscope to find it. Barron’s pretty much nailed the bottom within about a percentage point.
On our Woulda Shoulda Coulda page, we can see that, for instance, a $10,000 purchase (prompted by fading the Barrons article) would be worth over a third of a million dollars now.
Whoops!
