Why I bought $FB

Not investment advice.

  • Marketplace has many multiples the monthly active users of eBay
  • Shops combined with Marketplace could squeeze out Amazon and Shopify
  • Digital products are increasingly important and Oculus is awesome
  • Probably trades at a discount due to recent bad press (old media jealous)
  • P/E ratio lower than the rest of FAANG, Nike, Disney and many others

Founder led companies outperform and Mark Zuckerberg is a fan of Augustus, the Roman emperor who reigned for 60 years. He also learned Chinese, killed his own meat for a year and has a sense of humour. Could you do a better job of managing 3 billion people?

Press 1 to GFY

If you regularly call the same department at a company that uses an automated assistant menu (press 1 for sales, press 2 for tech support, etc), try this trick on Android and iPhone.

Dial the number and then a comma for each extension

e.g. +15707088788,4,2 takes you straight to the domain name tech support department at Network Solutions.

  • +15707088788 is the international customer service number
  • 4 is the first menu option (tech support)
  • 2 is the next menu option (domain names).

ht psimyn

Dumb Laws Part 1: Electric Scooters in Victoria

The VicRoads page on scooters and wheeled recreational devices states:

If your motorised scooter:

  • is powered by a petrol motor
  • has an electric motor with a maximum power greater than 200 watts
  • has a maximum speed greater than 10 km/h

then it cannot be legally used on a road or any road related areas, including footpaths, share paths and public areas. The fine for an illegal device is $826. Other penalties may also apply.

All of the most popular models (eg. the Segway Ninebot E25 and Xiaomi Mi 1S) are capable of going beyond that speed.