27Oct22: Mega Cap Meltdown

The days of mindlessly throwing money into weighted tech index funds and the FANG group Facebook/Meta (META), Amazon (AMZN), Netflix (NFLX) and Google/Alphabet (GOOG) are over as investors want real value with the possibility of multiple returns on their holdings. You can do some quick market cap comparisons and see where the exciting opportunities are for savvy retail folks:

Facebook/Meta (META) $349B

Nextdoor (KIND) $991M

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Google/Alphabet (GOOG) $1.23T

Magnite (MGNI) $967M

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Netflix (NFLX) $133B

Roku (ROKU) $7.3B

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Amazon (AMZN) $1.18T

DigitalOcean (DOCN) $3.5B

“What the Israelites saw was an intimidating giant. In reality, the very thing that gave the giant his size was also the source of his greatest weakness. There is an important lesson in that for battles with all kinds of giants. The powerful and the strong are not always what they seem.” –Malcolm Gladwell